CCOI
Cogent Communications Holdings, Inc. Communication Services - Telecom Services Investor Relations →
Cogent Communications Holdings, Inc. (CCOI) closed at $13.50 as of 2026-07-31, trading 72.6% below its 200-week moving average of $49.30. This places CCOI in the extreme value zone. The stock moved further from the line this week, up from -76.0% last week. With a 14-week RSI of 22, CCOI is in oversold territory.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.80 ratio) is neutral — neither side is clearly dominating.
Over the past 1229 weeks of data, CCOI has crossed below its 200-week moving average 16 times. On average, these episodes lasted 26 weeks. Historically, investors who bought CCOI at the start of these episodes saw an average one-year return of +35.8%.
With a market cap of $676 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 -877.3%. The stock trades at -6.2x book value.
Share count has increased 4.3% over three years, indicating dilution.
Over the past 23.6 years, a hypothetical investment of $100 in CCOI would have grown to $238, compared to $1332 for the S&P 500. CCOI has returned 3.7% annualized vs 11.6% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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 16 historical episodes, buying CCOI when it crossed below its 200-week moving average produced an average return of +32.4% after 12 months (median +20.0%), compared to +11.9% for the S&P 500 over the same periods. 69% of those episodes were profitable after one year. After 24 months, the average return was -1.8% vs +27.7% 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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. CCOI currently has negative free cash flow, so price-based dislocation levels are not available. The score still tracks yield deviation from baseline.
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from CCOI's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
CCOI has crossed below its 200-week MA 16 times with an average 1-year return of +35.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 2003 | Jun 2003 | 21 | 72.3% | +227.9% | +103.0% |
| Aug 2003 | Jan 2004 | 22 | 34.3% | -71.4% | +17.9% |
| May 2004 | Nov 2006 | 129 | 81.6% | +211.4% | +234.6% |
| Dec 2006 | Dec 2006 | 1 | 0.7% | +61.3% | +62.0% |
| Jun 2008 | Dec 2010 | 134 | 73.0% | -41.8% | +69.5% |
| Jan 2011 | Feb 2011 | 2 | 2.2% | +19.5% | +86.4% |
| Sep 2015 | Oct 2015 | 2 | 3.6% | +46.7% | -15.0% |
| Apr 2022 | May 2022 | 1 | 2.1% | +25.5% | -71.0% |
| May 2022 | May 2022 | 1 | 2.4% | +15.1% | -71.0% |
| Jun 2022 | Jun 2022 | 1 | 4.0% | +22.1% | -70.7% |
| Aug 2022 | Jan 2023 | 22 | 15.5% | +6.2% | -71.7% |
| Mar 2023 | Mar 2023 | 1 | 0.1% | +11.3% | -73.3% |
| Jul 2023 | Aug 2023 | 1 | 2.2% | +20.3% | -73.3% |
| May 2024 | May 2024 | 1 | 0.4% | -9.5% | -74.5% |
| Jun 2024 | Jul 2024 | 5 | 11.2% | -7.6% | -73.1% |
| Mar 2025 | Ongoing | 70+ | 77.9% | Ongoing | -75.0% |
| Average | 26 | — | +35.8% | — |
Frequently Asked Questions
Is CCOI below its 200-week moving average?
Yes. As of 2026-07-31, Cogent Communications Holdings, Inc. (CCOI) is trading 72.6% below its 200-week moving average of $49.30. The current price is $13.50.
What is CCOI's 200-week moving average price?
Cogent Communications Holdings, Inc.'s 200-week moving average is $49.30 as of 2026-07-31. 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 16 times in our data. On average, buying at that moment produced a one-year return of +35.8%. These dips have historically been decent entry points. These episodes lasted 26 weeks on average.
Is CCOI a good value right now?
Here's what our data says about CCOI as of 2026-07-31: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 22 (oversold). Free cash flow is currently negative. Return on equity is -877.3%. Price-to-book is -6.2x. 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 23.6 years, $100 invested in CCOI would have grown to $238, compared to $1332 for the S&P 500. That's 3.7% annualized vs 11.6% 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 812.00%.
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 2026-07-31