Cogeco (TSE:CGO) Hits New 1-Year Low – Should You Sell?

Cogeco Inc. (TSE:CGO)’s share price reached a new 52-week low on Monday. The stock traded as low as C$47.60 and last traded at C$47.94, with a volume of 11853 shares changing hands. The stock had previously closed at C$49.06.

Cogeco Trading Down 2.2%

The firm has a market cap of C$454.28 million, a PE ratio of -1.33, a PEG ratio of -0.28 and a beta of 0.75. The company has a debt-to-equity ratio of 961.67, a current ratio of 0.49 and a quick ratio of 0.51. The business has a 50-day moving average price of C$55.80 and a two-hundred day moving average price of C$61.48.

Cogeco (TSE:CGO) last issued its quarterly earnings data on Wednesday, July 15th. The company reported C$3.10 EPS for the quarter. The firm had revenue of C$724.17 million for the quarter. Cogeco had a negative net margin of 11.78% and a negative return on equity of 43.86%. Analysts forecast that Cogeco Inc. will post 11.054717 EPS for the current year.

About Cogeco

Cogeco Inc is a North American leader in the telecommunications and media sectors. Through Cogeco Communications Inc, we provide world-class Internet, wireless, video and wireline phone services to 1.6 million residential and business subscribers in Canada and thirteen states in the United States. Through Cogeco Media, we operate 21 radio stations in Canada, primarily in the province of Quebec, as well as a news agency. We take pride in our strong presence in the communities we serve and in our commitment to a sustainable future.