The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded a decrease of -5.80%. However, over the last six months, the performance has been weaker by 11.28%. The price of CCOI decreased -4.69% over the last 30 days. And in the last five days, it has surged by 1.21%.
Cogent Communications Holdings Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $86.76 on 11/07/24, while the lowest price for the same duration was marked at $50.80 on 06/11/24.
52-week price history of CCOI Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Cogent Communications Holdings Inc’s current trading price is -16.32% away from its 52-week high, while its distance from the 52-week low is 42.91%. The stock’s price range during this period has varied between$50.80 and $86.76. The Cogent Communications Holdings Inc’s shares, which operate in the Communication Services, saw a trading volume of around 0.22 million for the day, a figure considerably lower than their average daily volume of 0.41 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Cogent Communications Holdings Inc (CCOI) has experienced a quarterly decline of -13.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.56B and boasts a workforce of 1947 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 77.13, with a change in price of -0.33. Similarly, Cogent Communications Holdings Inc recorded 398,496 in trading volume during the last 100 days, posting a change of -0.45%.
CCOI’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CCOI stands at 6.95. Similarly, the long-term debt-to-equity ratio is also 6.71.
CCOI Stock Stochastic Average
Cogent Communications Holdings Inc’s raw stochastic average for the past 50 days is presently 11.28%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 20.67%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 20.74% and 18.27%, respectively.
