A new trading day began on Monday, with Cogent Communications Holdings Inc (NASDAQ: CCOI) stock price down -6.36% from the previous day of trading, before settling in for the closing price of $56.92. CCOI’s price has ranged from $50.80 to $86.76 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 15.31%. Meanwhile, its annual earnings per share averaged 16.74%. With a float of $43.43 million, this company’s outstanding shares have now reached $49.03 million.
The extent of productivity of a business whose workforce counts for 1916 workers is very important to gauge. In terms of profitability, gross margin is 24.07%, operating margin of -17.33%, and the pretax margin is -25.06%.
Cogent Communications Holdings Inc (CCOI) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Telecom Services Industry. The insider ownership of Cogent Communications Holdings Inc is 11.95%, while institutional ownership is 92.97%. The most recent insider transaction that took place on Mar 14 ’25, was worth 3,589,425. Before that another transaction happened on Mar 12 ’25, when Company’s Director sold 956 for $69.36, making the entire transaction worth $66,313. This insider now owns 18,652 shares in total.
Cogent Communications Holdings Inc (CCOI) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.74% per share during the next fiscal year.
Cogent Communications Holdings Inc (NASDAQ: CCOI) Trading Performance Indicators
Here are Cogent Communications Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.30, a number that is poised to hit -1.07 in the next quarter and is forecasted to reach -1.98 in one year’s time.
Technical Analysis of Cogent Communications Holdings Inc (CCOI)
The latest stats from [Cogent Communications Holdings Inc, CCOI] show that its last 5-days average volume of 0.72 million was superior to 0.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.55%. Additionally, its Average True Range was 2.53.
During the past 100 days, Cogent Communications Holdings Inc’s (CCOI) raw stochastic average was set at 1.82%, which indicates a significant decrease from 3.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.83% in the past 14 days, which was higher than the 33.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $72.24, while its 200-day Moving Average is $73.00. Now, the first resistance to watch is $55.81. This is followed by the second major resistance level at $58.32. The third major resistance level sits at $59.87. If the price goes on to break the first support level at $51.75, it is likely to go to the next support level at $50.20. Assuming the price breaks the second support level, the third support level stands at $47.69.
Cogent Communications Holdings Inc (NASDAQ: CCOI) Key Stats
With a market capitalization of 2.63 billion, the company has a total of 49,380K Shares Outstanding. Currently, annual sales are 1,036 M while annual income is -204,070 K. The company’s previous quarter sales were 252,290 K while its latest quarter income was -43,320 K.
