Cogeco Communications (OTCMKTS:CGEAF) Stock Passes Above 50 Day Moving Average – Should You Sell?

by · The Markets Daily

Shares of Cogeco Communications Inc. (OTCMKTS:CGEAF – Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $48.45 and traded as high as $50.19. Cogeco Communications shares last traded at $50.19, with a volume of 35,725 shares traded.

Cogeco Communications Price Performance

The company’s 50 day moving average is $48.45 and its 200 day moving average is $47.28.

About Cogeco Communications

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Cogeco Communications Inc operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks.

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