Cogeco Communications (OTCMKTS:CGEAF) Share Price Crosses Above 50-Day Moving Average – Here’s Why

Cogeco Communications Inc. (OTCMKTS:CGEAFGet Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $48.45 and traded as high as $50.19. Cogeco Communications shares last traded at $50.19, with a volume of 35,725 shares traded.

Cogeco Communications Price Performance

The stock’s fifty day moving average is $48.45 and its two-hundred day moving average is $47.28.

Cogeco Communications Company Profile

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Cogeco Communications Inc operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks.

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