Cogeco Communications (OTCMKTS:CGEAF) Shares Pass Above Fifty Day Moving Average – What’s Next?

Cogeco Communications Inc. (OTCMKTS:CGEAFGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $50.13 and traded as high as $51.20. Cogeco Communications shares last traded at $51.20, with a volume of 3,988 shares trading hands.

Cogeco Communications Stock Performance

The stock has a 50 day moving average of $50.27 and a 200-day moving average of $45.07.

About Cogeco Communications

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Cogeco Communications Inc operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks.

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