Cogeco (TSE:CGO) Sets New 12-Month High at $107.31

Cogeco Inc. (TSE:CGO)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$107.31 and last traded at C$107.27, with a volume of 13904 shares changing hands. The stock had previously closed at C$106.65.

Separately, CIBC increased their price objective on shares of Cogeco from C$99.50 to C$105.00 in a research report on Friday, November 1st.

The stock has a market capitalization of $1.64 billion and a PE ratio of 12.11. The company has a current ratio of 1.74, a quick ratio of 1.68 and a debt-to-equity ratio of 131.94. The company’s 50-day moving average is C$99.12 and its 200 day moving average is C$92.18.

Cogeco (TSE:CGO) last announced its quarterly earnings data on Wednesday, October 30th. The company reported C$1.89 EPS for the quarter. The company had revenue of C$610.51 million during the quarter. Sell-side analysts forecast that Cogeco Inc. will post 6.6399996 EPS for the current fiscal year.

About Cogeco (TSE:CGO)

Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in the United States, Canada, Europe, and internationally. The company operates in two segments, Communications and Other. It provides Internet, video, and telephony services; and information technology services, including colocation, network connectivity, hosting, cloud, and a portfolio of managed services.

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