Cogent Communications Holdings Inc (NASDAQ: CCOI) on Monday, soared 3.85%% from the previous trading day, before settling in for the closing price of $47.45. Within the past 52 weeks, CCOI’s price has moved between $43.65 and $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
The company achieved an average annual earnings per share of 10.25%. With a float of $44.48 million, this company’s outstanding shares have now reached $49.34 million.
Let’s look at the performance matrix of the company that is accounted for 1916 employees. In terms of profitability, gross margin is 32.71%, operating margin of -16.66%, and the pretax margin is -24.14%.
Cogent Communications Holdings Inc (CCOI) Insider Updates
Observing investor behavior towards Telecom Services industry stocks is more important than anything else. The insider ownership of Cogent Communications Holdings Inc is 9.84%, while institutional ownership is 93.18%. The most recent insider transaction that took place on Jun 16 ’25, was worth 1,174,500. Before that another transaction happened on Jun 16 ’25, when Company’s CHAIRMAN, CEO, AND PRESIDENT sold 70,000 for $47.11, making the entire transaction worth $3,297,609. This insider now owns 3,356,721 shares in total.
Cogent Communications Holdings Inc (CCOI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 10.25% per share during the next fiscal year.
Cogent Communications Holdings Inc (NASDAQ: CCOI) Trading Performance Indicators
Cogent Communications Holdings Inc (CCOI) is currently performing well based on its current performance indicators. A quick ratio of 1.49 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.01, a number that is poised to hit -0.99 in the next quarter and is forecasted to reach -2.47 in one year’s time.
Technical Analysis of Cogent Communications Holdings Inc (CCOI)
Cogent Communications Holdings Inc (NASDAQ: CCOI) saw its 5-day average volume 1.06 million, a positive change from its year-to-date volume of 0.6 million. As of the previous 9 days, the stock’s Stochastic %D was 49.04%.
During the past 100 days, Cogent Communications Holdings Inc’s (CCOI) raw stochastic average was set at 13.92%, which indicates a significant decrease from 91.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.07% in the past 14 days, which was lower than the 42.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.17, while its 200-day Moving Average is $69.05. Nevertheless, the first resistance level for the watch stands at $50.19 in the near term. At $51.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $52.91. If the price goes on to break the first support level at $47.47, it is likely to go to the next support level at $45.66. Assuming the price breaks the second support level, the third support level stands at $44.75.
Cogent Communications Holdings Inc (NASDAQ: CCOI) Key Stats
Market capitalization of the company is 2.43 billion based on 49,337K outstanding shares. Right now, sales total 1,036 M and income totals -204,070 K. The company made 247,050 K in profit during its latest quarter, and -52,040 K in sales during its previous quarter.
