CCOI
Cogent Communications Holdings, Inc. Communication Services - Telecom Services Investor Relations →
Cogent Communications Holdings, Inc. (CCOI) closed at $24.29 as of 2026-02-02, trading 54.2% below its 200-week moving average of $53.09. This places CCOI in the extreme value zone. The stock moved further from the line this week, up from -54.4% last week. With a 14-week RSI of 28, CCOI is in oversold territory.
Over the past 1204 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 $1195 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 -136.9%. The stock trades at -29.4x book value.
Share count has increased 2.9% over three years, indicating dilution.
Over the past 23.2 years, a hypothetical investment of $100 in CCOI would have grown to $428, compared to $1225 for the S&P 500. CCOI has returned 6.5% annualized vs 11.4% 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.
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 +44.3% after 12 months (median +22.0%), compared to +11.8% for the S&P 500 over the same periods. 77% 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% | +264.4% |
| Aug 2003 | Jan 2004 | 22 | 34.3% | -71.4% | +111.7% |
| May 2004 | Nov 2006 | 129 | 81.6% | +211.4% | +500.8% |
| Dec 2006 | Dec 2006 | 1 | 0.7% | +61.3% | +190.9% |
| Jun 2008 | Dec 2010 | 134 | 73.0% | -41.8% | +204.3% |
| Jan 2011 | Feb 2011 | 2 | 2.2% | +19.5% | +234.8% |
| Sep 2015 | Oct 2015 | 2 | 3.6% | +46.7% | +52.6% |
| Apr 2022 | May 2022 | 4 | 2.3% | +25.5% | -48.0% |
| Jun 2022 | Jun 2022 | 1 | 4.0% | +22.1% | -47.4% |
| Aug 2022 | Jan 2023 | 22 | 15.5% | +6.2% | -49.2% |
| Mar 2023 | Mar 2023 | 1 | 0.0% | +11.3% | -52.0% |
| Jul 2023 | Aug 2023 | 1 | 2.1% | +20.3% | -52.1% |
| May 2024 | Jul 2024 | 8 | 11.1% | -9.5% | -54.3% |
| Mar 2025 | Ongoing | 45+ | 68.8% | Ongoing | -55.1% |
| Average | 28 | — | +40.7% | — |
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 Friday close, 2026-02-02