Cogent Communications Holdings Inc (NASDAQ: CCOI) kicked off on Tuesday, up 1.44% from the previous trading day, before settling in for the closing price of $50.54. Over the past 52 weeks, CCOI has traded in a range of $45.00-$86.76.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Communication Services Sector giant was 15.31%. While this was happening, its average annual earnings per share was recorded 10.85%. With a float of $43.49 million, this company’s outstanding shares have now reached $49.34 million.
Let’s determine the extent of company efficiency that accounts for 1916 employees. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Telecom Services Industry. The insider ownership of Cogent Communications Holdings Inc is 11.85%, while institutional ownership is 92.30%. The most recent insider transaction that took place on May 13 ’25, was worth 72,773. In this transaction Director of this company sold 1,450 shares at a rate of $50.19, taking the stock ownership to the 10,049 shares. Before that another transaction happened on May 13 ’25, when Company’s Director proposed sale 1,450 for $50.00, making the entire transaction worth $72,500.
Cogent Communications Holdings Inc (CCOI) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 10.85% per share during the next fiscal year.
Cogent Communications Holdings Inc (NASDAQ: CCOI) Trading Performance Indicators
Take a look at Cogent Communications Holdings Inc’s (CCOI) current performance indicators. Last quarter, stock had a quick ratio of 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.01, a number that is poised to hit -1.01 in the next quarter and is forecasted to reach -2.48 in one year’s time.
Technical Analysis of Cogent Communications Holdings Inc (CCOI)
Looking closely at Cogent Communications Holdings Inc (NASDAQ: CCOI), its last 5-days average volume was 1.13 million, which is a jump from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 44.15%. Additionally, its Average True Range was 2.59.
During the past 100 days, Cogent Communications Holdings Inc’s (CCOI) raw stochastic average was set at 16.05%, which indicates a significant decrease from 52.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.16% in the past 14 days, which was higher than the 39.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $59.41, while its 200-day Moving Average is $72.13. However, in the short run, Cogent Communications Holdings Inc’s stock first resistance to watch stands at $51.94. Second resistance stands at $52.62. The third major resistance level sits at $53.89. If the price goes on to break the first support level at $49.99, it is likely to go to the next support level at $48.72. Should the price break the second support level, the third support level stands at $48.04.
Cogent Communications Holdings Inc (NASDAQ: CCOI) Key Stats
The company with the Market Capitalisation of 2.53 billion has total of 49,337K Shares Outstanding. Its annual sales at the moment are 1,036 M in contrast with the sum of -204,070 K annual income. Company’s last quarter sales were recorded 247,050 K and last quarter income was -52,040 K.
