CCOI
Cogent Communications Holdings, Inc. Communication Services - Telecom Services Investor Relations →
Cogent Communications Holdings, Inc. (CCOI) closed at $18.05 as of 2026-03-20, trading 65.4% below its 200-week moving average of $52.20. This places CCOI in the extreme value zone. The stock is currently moving closer to the line, down from -64.1% last week. The 14-week RSI sits at 40, indicating neutral momentum.
Over the past 14 weeks, down-weeks have had more trading volume than up-weeks (0.58 buyers-vs-sellers ratio). That means when people are active, they're more often selling than buying. Sellers are still more in control than buyers.
Over the past 1210 weeks of data, CCOI has crossed below its 200-week moving average 14 times. On average, these episodes lasted 28 weeks. Historically, investors who bought CCOI at the start of these episodes saw an average one-year return of +40.7%.
With a market cap of $904 million, CCOI is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -229.1%. The stock trades at -13.5x book value.
Share count has increased 4.3% over three years, indicating dilution.
Over the past 23.2 years, a hypothetical investment of $100 in CCOI would have grown to $318, compared to $1154 for the S&P 500. CCOI has returned 5.1% annualized vs 11.1% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: CCOI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CCOI Crosses Below the Line?
Across 14 historical episodes, buying CCOI when it crossed below its 200-week moving average produced an average return of +36.4% after 12 months (median +22.0%), compared to +12.3% for the S&P 500 over the same periods. 71% of those episodes were profitable after one year. After 24 months, the average return was +8.7% vs +24.7% for the index.
Each line shows $100 invested at the moment CCOI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CCOI has crossed below its 200-week MA 14 times with an average 1-year return of +40.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 2003 | Jun 2003 | 21 | 72.3% | +227.9% | +171.0% |
| Aug 2003 | Jan 2004 | 22 | 34.3% | -71.4% | +57.5% |
| May 2004 | Nov 2006 | 129 | 81.6% | +211.4% | +346.8% |
| Dec 2006 | Dec 2006 | 1 | 0.7% | +61.3% | +116.4% |
| Jun 2008 | Dec 2010 | 134 | 73.0% | -41.8% | +126.3% |
| Jan 2011 | Feb 2011 | 2 | 2.2% | +19.5% | +149.0% |
| Sep 2015 | Oct 2015 | 2 | 3.6% | +46.7% | +13.5% |
| Apr 2022 | May 2022 | 4 | 2.3% | +25.5% | -61.3% |
| Jun 2022 | Jun 2022 | 1 | 4.0% | +22.1% | -60.8% |
| Aug 2022 | Jan 2023 | 22 | 15.5% | +6.2% | -62.2% |
| Mar 2023 | Mar 2023 | 1 | 0.0% | +11.3% | -64.3% |
| Jul 2023 | Aug 2023 | 1 | 2.1% | +20.3% | -64.4% |
| May 2024 | Jul 2024 | 8 | 11.1% | -9.5% | -66.0% |
| Mar 2025 | Ongoing | 51+ | 68.8% | Ongoing | -66.6% |
| Average | 28 | — | +40.7% | — |
Frequently Asked Questions
Is CCOI below its 200-week moving average?
Yes. As of 2026-03-20, Cogent Communications Holdings, Inc. (CCOI) is trading 65.4% below its 200-week moving average of $52.20. The current price is $18.05.
What is CCOI's 200-week moving average price?
Cogent Communications Holdings, Inc.'s 200-week moving average is $52.20 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when CCOI drops below its 200-week moving average?
CCOI has crossed below its 200-week moving average 14 times in our data. On average, buying at that moment produced a one-year return of +40.7%. These dips have historically been decent entry points. These episodes lasted 28 weeks on average.
Is CCOI a good value right now?
Here's what our data says about CCOI as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 40. Free cash flow is currently negative. Return on equity is -229.1%. Price-to-book is -13.5x. This is not a buy or sell recommendation — always do your own research.
How does CCOI compare to the S&P 500?
Over the past 23.2 years, $100 invested in CCOI would have grown to $318, compared to $1154 for the S&P 500. That's 5.1% annualized vs 11.1% for the index. CCOI has underperformed the broader market over this period.
Does CCOI pay a dividend?
Yes. Cogent Communications Holdings, Inc. currently pays a dividend yield of 1144.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20