Cogeco (TSE:CGO) Shares Cross Below 200-Day Moving Average – Time to Sell?

Cogeco Inc. (TSE:CGOGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$61.64 and traded as low as C$58.89. Cogeco shares last traded at C$59.50, with a volume of 49,744 shares traded.

Cogeco Stock Up 0.9%

The company has a current ratio of 0.40, a quick ratio of 0.51 and a debt-to-equity ratio of 605.15. The stock has a 50 day simple moving average of C$63.47 and a 200 day simple moving average of C$61.64. The firm has a market capitalization of C$564.87 million, a PE ratio of 6.12, a PEG ratio of -0.28 and a beta of 0.34.

About Cogeco

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Cogeco Inc is a telecommunications company. The company has two reportable operating segments, namely Canadian broadband services and American broadband services. The Canadian and American broadband services segments provide a wide range of Internet, video, and telephony services primarily to residential customers, as well as business services across their coverage areas.

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