Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Cogent Communications Holdings Inc (NASDAQ: CCOI) closed the day trading at $52.06 up 1.78% from the previous closing price of $51.15. In other words, the price has increased by $1.78 from its previous closing price. On the day, 0.51 million shares were traded.
Ratios:
For a better understanding of CCOI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 10.49 whereas as Long-Term Debt/Eq ratio is at 10.13.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 14 ’25 when David Schaeffer bought 52,500 shares for $68.37 per share.
FERGUSON Lewis H sold 956 shares of CCOI for $66,313 on Mar 12 ’25. The Director now owns 18,652 shares after completing the transaction at $69.36 per share. On Mar 11 ’25, another insider, Lewis H FERGUSON , who serves as the Director of the company, bought 956 shares for $70.00 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.48 while its Price-to-Book (P/B) ratio in mrq is 11.46.
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 $47.54. The 50-Day Moving Average of the stock is -22.00%, while the 200-Day Moving Average is calculated to be -28.59%.
Shares Statistics:
A total of 49.03M shares are outstanding, with a floating share count of 43.48M. Insiders hold about 11.85% of the company’s shares, while institutions hold 93.03% stake in the company.
