Cogeco Inc. Subordinate Voting Shares (CGO:CA) Rises 8.97% for July 12

Equities Staff  |

July 12 was a positive day for Cogeco Inc. Subordinate Voting Shares (CGO:CA) as its stock finished the day having gained 8.97% to hit a price of $63.18 a share. The company reached a market cap of 927.35 million and has 14.68 million shares outstanding. Cogeco Inc. Subordinate Voting Shares is a component of the the S&P/TSX SmallCap Index.

58,093 shares changed hands over the course of the day as compared to an average volume of 12,142 over the last 30 days for Cogeco Inc. Subordinate Voting Shares.

Cogeco Inc is a telecommunication service provider. It delivers network connectivity, managed hosting, and cloud services to corporate and small to medium businesses mainly in Canada.. The company makes its home in Montreal, QC, and is currently under the leadership of CEO Louis V. Audet.

Cogeco Inc. Subordinate Voting Shares has hit a high of $96.87 and reached a low of $57.15 over its last year of trading. The stock’s 50-day SMA is now $62.90 and 200-day SMA is $74.91. As for its price valuations, the P/E ratio is at 7.5 and P/B is now 1.57.

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The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

To get more information on Cogeco Inc. Subordinate Voting Shares and to follow the company’s latest updates, you can visit the company’s profile page here: CGO: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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