Cogent Communications Holdings Inc (NASDAQ:CCOI) currently has a daily average trading volume of 680.33K but it saw 842354 shares traded in last market. With a market cap of 2.31B USD, the company’s current market price of $46.76 came falling about -4.94 while comparing to the previous closing price of $49.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $86.76 and as low as $43.65.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the UBS which initiated the stock as “Buy” in its note to investors issued on November 14, 2024, recommending a price target of $102 for it. BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on August 21, 2024 while assigning a price target range of $75-$65. Goldman also issued its recommendations for the stock as it initiated the price target for the stock is $56.
Over the week, CCOI’s stock price is moving -6.19% down while it is -12.79% when we observe its performance for the past one month. Year-to-date it is -39.33% down and over the past year, the stock is showing a downside performance of -20.05%.
Currently, Cogent Communications Holdings Inc’s total number of outstanding shares is 49.34M with 9.49% of that held by the insiders while 96.37% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -7.87% and return on equity (ROE) at -59.30%. Stock’s beta reads 0.71. Stock has a price to book (P/B) ratio of 16.15 while price to sale or P/S ratio amounts to 2.27. Its return on asset (ROA) is -6.09% on average.
