Cogeco (OTCMKTS:CGECF) Shares Cross Below 50 Day Moving Average – Time to Sell?

Cogeco Inc. (OTCMKTS:CGECFGet Free Report)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $42.67 and traded as low as $39.88. Cogeco shares last traded at $39.88, with a volume of 600 shares.

Cogeco Stock Up 0.3 %

The stock’s fifty day simple moving average is $42.67 and its 200-day simple moving average is $39.99.

Cogeco Company Profile

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Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Canadian Telecommunications and American Telecommunications. It provides a range of Internet, video, and phone services through advanced fibre optic and two-way telecommunications distribution networks primarily to residential customers, as well as business services under the Cogeco Connexion name in Quebec and Ontario; and Breezeline brand in the United States.

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