Cogent Communications Holdings I (NASDAQ: CCOI) has reported a loss for its third fiscal quarter (ending September 30) of $-1.20 versus a loss $-0.17 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $22.74 versus $0.49 for the same period a year ago — an increase of 4541%.
Recent Price Action
Cogent Communications Holdings I (NASDAQ: CCOI) stock closed at $68.24 on 11/9/23 after a large increase of 3.9%. Relative to the market the stock has been strong over the last nine months and has risen 5.0% during the last week.
Current PriceTarget Research Rating
CCOI’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.
Cogent Communications Holdings I is currently unrated.
Rating Review
The stock is currently unrated.
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