Cogeco Inc. (TSE:CGO) insider Christian Jolivet sold 500 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of C$89.65, for a total value of C$44,825.00.
Cogeco Inc. (TSE CGO) traded up C$1.53 during mid-day trading on Friday, hitting C$91.44. The stock had a trading volume of 52,999 shares, compared to its average volume of 34,248. Cogeco Inc. has a 1-year low of C$51.66 and a 1-year high of C$91.44.
Separately, TD Securities lowered Cogeco from a “buy” rating to a “hold” rating and set a C$95.00 price target for the company. in a research report on Friday, October 6th.
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.
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