The stock price of Cogent Communications Holdings Inc (NASDAQ: CCOI) has surged by 1.67 when compared to previous closing price of 52.23, but the company has seen a 4.86% gain in its stock price over the last five trading sessions. zacks.com reported 2025-04-10 that Cogent (CCOI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Is It Worth Investing in Cogent Communications Holdings Inc (NASDAQ: CCOI) Right Now?
The 36-month beta value for CCOI is also noteworthy at 0.77. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for CCOI is 43.48M, and at present, short sellers hold a 8.64% of that float. The average trading volume of CCOI on April 18, 2025 was 479.23K shares.
CCOI’s Market Performance
CCOI stock saw a decrease of 4.86% in the past week, with a monthly decline of -24.69% and a quarterly a decrease of -26.45%. The volatility ratio for the week is 3.33%, and the volatility levels for the last 30 days are 4.84% for Cogent Communications Holdings Inc (CCOI). The simple moving average for the last 20 days is -8.46% for CCOI stock, with a simple moving average of -27.22% for the last 200 days.
Analysts’ Opinion of CCOI
Many brokerage firms have already submitted their reports for CCOI stocks, with UBS repeating the rating for CCOI by listing it as a “Buy.” The predicted price for CCOI in the upcoming period, according to UBS is $102 based on the research report published on November 14, 2024 of the previous year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see CCOI reach a price target of $65, previously predicting the price at $75. The rating they have provided for CCOI stocks is “Underperform” according to the report published on August 21st, 2024.
Goldman gave a rating of “Neutral” to CCOI, setting the target price at $56 in the report published on July 01st of the previous year.
CCOI Trading at -22.48% from the 50-Day Moving Average
After a stumble in the market that brought CCOI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.80% of loss for the given period.
Volatility was left at 4.84%, however, over the last 30 days, the volatility rate increased by 3.33%, as shares sank -23.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.94% lower at present.
During the last 5 trading sessions, CCOI rose by +4.86%, which changed the moving average for the period of 200-days by -3.87% in comparison to the 20-day moving average, which settled at $58.01. In addition, Cogent Communications Holdings Inc saw -31.10% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CCOI starting from David Schaeffer, who proposed sale 52,500 shares at the price of $68.37 back on Mar 14 ’25. After this action, David Schaeffer now owns shares of Cogent Communications Holdings Inc, valued at $3,589,425 using the latest closing price.
FERGUSON Lewis H, the Director of Cogent Communications Holdings Inc, sale 956 shares at $69.36 during a trade that took place back on Mar 12 ’25, which means that FERGUSON Lewis H is holding 18,652 shares at $66,313 based on the most recent closing price.
Stock Fundamentals for CCOI
Current profitability levels for the company are sitting at:
- -0.17 for the present operating margin
- 0.24 for the gross margin
The net margin for Cogent Communications Holdings Inc stands at -0.2. The total capital return value is set at -0.06. Equity return is now at value -49.03, with -5.89 for asset returns.
Based on Cogent Communications Holdings Inc (CCOI), the company’s capital structure generated 0.91 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0. The debt to equity ratio resting at 10.49. The interest coverage ratio of the stock is -1.51.
Currently, EBITDA for the company is 169.6 million with net debt to EBITDA at 13.61. When we switch over and look at the enterprise to sales, we see a ratio of 4.59. The receivables turnover for the company is 5.75for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.90.
Conclusion
In summary, Cogent Communications Holdings Inc (CCOI) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
