Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Cogent Communications Holdings Inc (NASDAQ: CCOI) closed at $50.54 up 3.29% from its previous closing price of $48.93. In other words, the price has increased by $3.29 from its previous closing price. On the day, 0.71 million shares were traded.
Ratios:
For a deeper understanding of Cogent Communications Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 16.53 whereas as Long-Term Debt/Eq ratio is at 15.96.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on November 14, 2024, initiated with a Buy rating and assigned the stock a target price of $102.
On August 21, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $75 to $65.
On July 01, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $56.Goldman initiated its Neutral rating on July 01, 2024, with a $56 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 12 ’25 when David Schaeffer bought 54,000 shares for $48.93 per share.
David Schaeffer bought 52,500 shares of CCOI for $3,589,425 on Mar 14 ’25. On Mar 12 ’25, another insider, FERGUSON Lewis H, who serves as the Director of the company, sold 956 shares for $69.36 each. As a result, the insider received 66,313 and left with 18,652 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.45 while its Price-to-Book (P/B) ratio in mrq is 17.46.
Stock Price History:
Over the past 52 weeks, CCOI has reached a high of $86.76, while it has fallen to a 52-week low of $45.00. The 50-Day Moving Average of the stock is -15.50%, while the 200-Day Moving Average is calculated to be -30.01%.
Shares Statistics:
A total of 49.34M shares are outstanding, with a floating share count of 43.49M. Insiders hold about 11.85% of the company’s shares, while institutions hold 92.35% stake in the company.
