Shares of Cogeco Inc. (OTCMKTS:CGECF – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $44.97 and traded as low as $43.08. Cogeco shares last traded at $43.10, with a volume of 400 shares trading hands.
Cogeco Stock Up 2.9%
The business has a 50 day moving average of $43.52 and a 200-day moving average of $44.97.
About Cogeco
Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Canadian Telecommunications and American Telecommunications. It provides a range of Internet, video, and phone services through advanced fibre optic and two-way telecommunications distribution networks primarily to residential customers, as well as business services under the Cogeco Connexion name in Quebec and Ontario; and Breezeline brand in the United States.
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