Shares of Cogeco Communications Inc. (OTCMKTS:CGEAF – Get Free Report) crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $39.07 and traded as high as $39.7405. Cogeco Communications shares last traded at $39.7405, with a volume of 26,973 shares changing hands.
Cogeco Communications Trading Up 6.8%
The firm has a 50-day simple moving average of $39.07 and a 200-day simple moving average of $45.33.
Cogeco Communications Company Profile
Cogeco Communications Inc is a Canadian telecommunications company that provides broadband communications and information technology services to residential, business and wholesale customers. The company operates as a subsidiary of Cogeco Inc and is headquartered in Montreal, Quebec.
Through its Cogeco Connexion operations, Cogeco Communications offers high-speed internet, television and home telephone services in parts of Quebec and Ontario. Its business services include internet connectivity, private networking, data transport, cloud services, managed information technology, cybersecurity and colocation solutions.
In the United States, the company operates under the Breezeline brand and provides broadband internet, video and voice services to communities in multiple states.
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