Cogent Communications Group Stock Price on May 23, 2024

CCOI Stock  USD 50.29  0.90  1.82%   
If you're considering investing in Cogent Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cogent Communications stands at 50.29, as last reported on the 24th of July, with the highest price reaching 50.29 and the lowest price hitting 49.39 during the day. Cogent Communications secures Sharpe Ratio (or Efficiency) of -0.0128, which signifies that the company had a -0.0128 % return per unit of risk over the last 3 months. Cogent Communications Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cogent Communications' Standard Deviation of 2.53, risk adjusted performance of 6.0E-4, and Mean Deviation of 1.86 to double-check the risk estimate we provide.
As of now, Cogent Communications' Total Stockholder Equity is decreasing as compared to previous years. The Cogent Communications' current Liabilities And Stockholders Equity is estimated to increase to about 3.3 B, while Common Stock Total Equity is projected to decrease to under 40.9 K. . As of now, Cogent Communications' Price Fair Value is increasing as compared to previous years. Cogent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
17.3681
Enterprise Value Ebitda
25.1453
Price Sales
2.6481
Shares Float
43.8 M
Dividend Share
3.96

Cogent Communications Main Headline on 23rd of May 2024

Cogent Communications dividend paid on 23rd of May 2024

Cogent Communications Valuation on May 23, 2024

It is possible to determine the worth of Cogent Communications on a given historical date. On May 23, 2024 Cogent was worth 55.14 at the beginning of the trading date compared to the closed value of 54.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cogent Communications stock. Still, in general, we apply an absolute valuation method to find Cogent Communications' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cogent Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cogent Communications' related companies.
 Open High Low Close Volume
  54.98    55.89    54.84    55.31    316,329  
05/23/2024
  55.14    55.22    54.17    54.97    409,272  
  55.07    55.71    54.92    55.58    284,559  
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Open Value
55.14
54.97
Closing Value
62.79
Upside

Cogent Communications Trading Date Momentum on May 23, 2024

On May 24 2024 Cogent Communications Group was traded for  55.58  at the closing time. The top price for the day was 55.71  and the lowest listed price was  54.92 . The trading volume for the day was 284.6 K. The trading history from May 24, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.11% . The overall trading delta against the current closing price is 2.13% .

Cogent Communications Fundamentals Correlations and Trends

By evaluating Cogent Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cogent Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cogent financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cogent Communications Stock history

Cogent Communications investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cogent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cogent Communications will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cogent Communications stock prices may prove useful in developing a viable investing in Cogent Communications
Last ReportedProjected for Next Year
Common Stock Shares Outstanding47.6 M40.4 M
Net Income Applicable To Common Shares4.6 M4.4 M

Cogent Communications Stock Technical Analysis

Cogent Communications technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Cogent Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cogent Communications trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cogent Communications Period Price Range

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July 24, 2025
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Cogent Communications Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Cogent Communications July 24, 2025 Market Strength

Market strength indicators help investors to evaluate how Cogent Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cogent Communications shares will generate the highest return on investment. By undertsting and applying Cogent Communications stock market strength indicators, traders can identify Cogent Communications Group entry and exit signals to maximize returns

Cogent Communications Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cogent Communications' price direction in advance. Along with the technical and fundamental analysis of Cogent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cogent to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Cogent Stock analysis

When running Cogent Communications' price analysis, check to measure Cogent Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cogent Communications is operating at the current time. Most of Cogent Communications' value examination focuses on studying past and present price action to predict the probability of Cogent Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogent Communications' price. Additionally, you may evaluate how the addition of Cogent Communications to your portfolios can decrease your overall portfolio volatility.
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