Cogeco Inc. (TSE:CGO) experienced a drop below its 200-day moving average on Wednesday, trading as low as C$49.75, below the average of C$55.29. Cogeco shares last traded at C$50.00, with a volume of 13,291 shares changing hands. TD Securities recently lowered their price target on Cogeco shares from C$106.00 to C$94.00 and maintained a 'buy' rating on the stock [13bb10d5].
Cogeco Inc. has a market cap of C$402.00 million and a price-to-earnings ratio of 11.93. The company has a debt-to-equity ratio of 152.98, a current ratio of 0.57, and a quick ratio of 0.51. The firm has a fifty-day moving average of C$52.42 and a 200-day moving average of C$55.29 [13bb10d5].
Cogeco Inc. last reported earnings on Thursday, April 11th, with earnings per share (EPS) of C$2.33 for the quarter. The company had a return on equity of 9.40% and a net margin of 1.74%. Quarterly revenue was C$751.91 million [13bb10d5].
Cogeco Inc. operates in the communications and media sectors in Canada and the United States. The company provides internet, video, and phone services to residential customers, as well as business services under the Cogeco Connexion name in Quebec and Ontario, and the Breezeline brand in the United States [13bb10d5].
Shares of Extendicare Inc. (TSE:EXE) passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of C$7.27 and traded as high as C$7.60. Extendicare shares last traded at C$7.54, with a volume of 96,220 shares trading hands. Several brokerages recently commented on EXE. TD Securities boosted their price target on Extendicare from C$7.50 to C$8.00 and gave the company a 'hold' rating in a research note on Friday, May 17th. Leede Jones Gable boosted their price target on Extendicare from C$7.00 to C$8.50 and gave the company a 'buy' rating in a research note on Monday, March 11th. Finally, Royal Bank of Canada boosted their price objective on Extendicare from C$8.00 to C$8.50 and gave the stock a 'sector perform' rating in a research note on Tuesday, May 21st.
Extendicare Inc. is a Canada-based company that provides long-term care services. The company operates through three segments: Long-Term Care, Retirement Living, and Home Health Care. It owns and operates long-term care centers, retirement communities, and home health care operations [759dc723].
Vecima Networks Inc. (TSE:VCM)'s share price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$18.78 and traded as high as C$21.74. Vecima Networks shares last traded at C$21.43, with a volume of 450 shares changing hands. Separately, Cormark upped their price objective on Vecima Networks from C$23.00 to C$27.00 in a research report on Thursday, April 4th. Vecima Networks last posted its quarterly earnings results on Wednesday, May 15th. The company reported C$0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.27 by C($0.03). The company also recently declared a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Friday, May 24th were given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date was Thursday, May 23rd. Vecima Networks's payout ratio is 32.84%. Vecima Networks Inc engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics.