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

Shares of Cogeco Inc. (OTCMKTS:CGECF – Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $44.17 and traded as high as $45.50. Cogeco shares last traded at $45.50, with a volume of 2,000 shares.

Cogeco Stock Down 0.9%

The firm’s fifty day moving average is $44.21 and its 200-day moving average is $44.83.

Cogeco Company Profile

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Cogeco Communications Inc (OTCMKTS:CGECF) is a Canadian telecommunications and media company that provides a suite of residential and business services. The company’s offerings include cable television, high-speed Internet access, and digital voice services, delivered over a hybrid fiber-coaxial network. Through its core cable operations in Ontario and Quebec, Cogeco serves hundreds of communities with a focus on delivering reliable connectivity and enhanced entertainment packages.

In the United States, Cogeco operates under the Atlantic Broadband brand, serving multiple markets along the East Coast and in the Midwest.

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