Cogeco Inc. (TSE:CGO) shares reached a new 52-week high on Monday . The stock traded as high as C$83.33 and last traded at C$82.44, with a volume of 14,782 shares traded. The stock had previously closed at C$81.88.

CGO has been the topic of a number of research reports. TD Securities raised their price target on shares of Cogeco from C$89.00 to C$95.00 and gave the company a “buy” rating in a research note on Monday, July 17th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Cogeco in a report on Tuesday, July 4th.

The stock has a market cap of $1.37 billion and a PE ratio of 11.91. The stock has a 50 day moving average price of $80.15 and a 200 day moving average price of $71.14.

In other Cogeco news, insider Elizabeth Alves sold 474 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of C$75.80, for a total value of C$35,929.20.

COPYRIGHT VIOLATION NOTICE: “Cogeco Inc. (CGO) Reaches New 12-Month High at $83.33” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of US & international copyright laws. The correct version of this piece of content can be viewed at

About Cogeco

Cogeco Inc is a holding company, which operates in the communications and media sectors. The Company operates through two segments: Communications and Other. The Communications segment, through the Company’s subsidiary, Cogeco Communications Inc (Cogeco Communications), provides its residential and business customers with video, Internet and telephony services through its two-way broadband fiber networks.

Receive News & Stock Ratings for Cogeco Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cogeco Inc. and related stocks with our FREE daily email newsletter.