Cogeco Communications (OTCMKTS:CGEAF – Get Free Report) is anticipated to post its resultson Thursday, April 9th. Analysts expect Cogeco Communications to post earnings of $1.48 per share and revenue of $505.85 million for the quarter.
Cogeco Communications Stock Performance
OTCMKTS:CGEAF opened at $50.60 on Tuesday. Cogeco Communications has a 12-month low of $44.61 and a 12-month high of $56.01. The business has a 50 day simple moving average of $51.28 and a 200 day simple moving average of $48.86.
Analyst Ratings Changes
A number of research analysts recently issued reports on the company. BMO Capital Markets restated a “market perform” rating on shares of Cogeco Communications in a research report on Friday, January 16th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Cogeco Communications in a research report on Friday, January 16th. Finally, Scotiabank restated a “sector perform” rating on shares of Cogeco Communications in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.
About Cogeco Communications
Cogeco Communications Inc is a Canadian telecommunications company that provides broadband internet, cable television and telephony services to both residential and business customers. The company’s operations are structured around two primary networks: its Canadian footprint serving markets across Ontario and Quebec, and Atlantic Broadband, its U.S. cable subsidiary operating in several states along the East Coast. Leveraging a combination of fiber-optic and hybrid fiber-coaxial infrastructure, Cogeco Communications delivers high-speed internet access, digital video, voice-over-IP and managed network solutions.
Founded in 1957 and headquartered in Montreal, Quebec, Cogeco Communications has expanded through organic growth and strategic acquisitions.
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