Cogent Communications Holdings Inc (NASDAQ: CCOI) on Friday, plunged -4.36% from the previous trading day, before settling in for the closing price of $21.56. Within the past 52 weeks, CCOI’s price has moved between $15.96 and $84.06.
The company achieved an average annual earnings per share of 3.08%. With a float of $47.07 million, this company’s outstanding shares have now reached $49.12 million.
Cogent Communications Holdings Inc (CCOI) Insider Activity
Observing investor behavior towards Telecom Services industry stocks is more important than anything else. The insider ownership of Cogent Communications Holdings Inc is 4.18%, while institutional ownership is 102.23%. The most recent insider transaction that took place on Dec 11 ’25, was worth 175,127. In this transaction VICE PRESIDENT, CFO of this company sold 7,300 shares at a rate of $23.99, taking the stock ownership to the 88,200 shares. Before that another transaction happened on Dec 11 ’25, when Company’s Officer proposed sale 7,300 for $23.99, making the entire transaction worth $175,127.
Cogent Communications Holdings Inc (CCOI) Earnings and Forecasts
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -1.33 earnings per share (EPS) for the period topping the consensus outlook (set at -1.57) by 0.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.98 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.08% 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 2.02 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 1.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.09, a number that is poised to hit -1.03 in the next quarter and is forecasted to reach -3.49 in one year’s time.
Technical Analysis of Cogent Communications Holdings Inc (CCOI)
As of the previous 9 days, the stock’s Stochastic %D was 20.58%.
During the past 100 days, Cogent Communications Holdings Inc’s (CCOI) raw stochastic average was set at 15.68%, which indicates a significant increase from 3.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.13 in the past 14 days, which was lower than the 1.65 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.31, while its 200-day Moving Average is $41.59. Nevertheless, the first resistance level for the watch stands at $21.41 in the near term. At $22.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $22.67. If the price goes on to break the first support level at $20.16, it is likely to go to the next support level at $19.70. Should the price break the second support level, the third support level stands at $18.91.
Cogent Communications Holdings Inc (NASDAQ: CCOI) Key Stats
Market capitalization of the company is 1.01 billion based on 49,121K outstanding shares. Right now, sales total 1,036 M and income totals -204,070 K. The company made 241,950 K in profit during its latest quarter, and -41,540 K in sales during its previous quarter.
