Cogeco Communications Inc. Subordinate Voting Shares (CCA:CA) Rises 8.94% for July 12

Equities Staff  |

July 12 was a positive day for Cogeco Communications Inc. Subordinate Voting Shares (CCA:CA) as its stock finished the day having gained 8.94% to hit a price of $70.93 a share. The company reached a market cap of 2.4 billion and has 33.87 million shares outstanding. Cogeco Communications Inc. Subordinate Voting Shares is a component of the the S&P/TSX Composite Index.

162,774 shares changed hands over the course of the day as compared to an average volume of 94,723 over the last 30 days for Cogeco Communications Inc. Subordinate Voting Shares.

Cogeco Communications Inc is a communications corporation. The Company provides its residential and business customers with video, Internet and telephony services through its two-way broadband fibre networks.. The company makes its home in Montreal, QC, and is currently under the leadership of CEO Louis V. Audet.

Cogeco Communications Inc. Subordinate Voting Shares has hit a high of $95.21 and reached a low of $63.60 over its last year of trading. The stock’s 50-day SMA is now $67.92 and 200-day SMA is $77.24. As for its price valuations, the P/E ratio is at 8.8 and P/B is now 1.88.

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Launched in 1977, the S&P/TSX Composite Index is widely recognized as the benchmark gauge for the broader Canadian equity market. According to TMX, the index cover approximately 95% of the Canadian equities market and only Canadian-based companies listed on the Toronto Stock Exchange are eligible to be included in the index.

To get more information on Cogeco Communications Inc. Subordinate Voting Shares and to follow the company’s latest updates, you can visit the company’s profile page here: CCA:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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