CCOI
Cogent Communications Holdings, Inc. Communication Services - Telecom Services Investor Relations →
Cogent Communications Holdings, Inc. (CCOI) closed at $23.16 as of 2026-05-01, trading 54.9% below its 200-week moving average of $51.38. This places CCOI in the extreme value zone. The stock is currently moving closer to the line, down from -52.5% last week. The 14-week RSI sits at 48, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.72 ratio) is neutral — neither side is clearly dominating.
Over the past 1216 weeks of data, CCOI has crossed below its 200-week moving average 14 times. On average, these episodes lasted 29 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 $1160 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 -17.3x book value.
Share count has increased 4.3% over three years, indicating dilution.
Over the past 23.3 years, a hypothetical investment of $100 in CCOI would have grown to $408, compared to $1278 for the S&P 500. CCOI has returned 6.2% annualized vs 11.5% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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 +36.5% 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% | +247.8% |
| Aug 2003 | Jan 2004 | 22 | 34.3% | -71.4% | +102.0% |
| May 2004 | Nov 2006 | 129 | 81.6% | +211.4% | +473.3% |
| Dec 2006 | Dec 2006 | 1 | 0.7% | +61.3% | +177.7% |
| Jun 2008 | Dec 2010 | 134 | 73.0% | -41.8% | +190.4% |
| Jan 2011 | Feb 2011 | 2 | 2.2% | +19.5% | +219.5% |
| Sep 2015 | Oct 2015 | 2 | 3.6% | +46.7% | +45.6% |
| Apr 2022 | May 2022 | 4 | 2.3% | +25.5% | -50.3% |
| Jun 2022 | Jun 2022 | 1 | 4.0% | +22.1% | -49.8% |
| Aug 2022 | Jan 2023 | 22 | 15.5% | +6.2% | -51.5% |
| Mar 2023 | Mar 2023 | 1 | 0.0% | +11.3% | -54.2% |
| Jul 2023 | Aug 2023 | 1 | 2.1% | +20.3% | -54.3% |
| May 2024 | Jul 2024 | 8 | 11.1% | -9.5% | -56.4% |
| Mar 2025 | Ongoing | 57+ | 68.8% | Ongoing | -57.2% |
| Average | 29 | — | +40.7% | — |
Frequently Asked Questions
Is CCOI below its 200-week moving average?
Yes. As of 2026-05-01, Cogent Communications Holdings, Inc. (CCOI) is trading 54.9% below its 200-week moving average of $51.38. The current price is $23.16.
What is CCOI's 200-week moving average price?
Cogent Communications Holdings, Inc.'s 200-week moving average is $51.38 as of 2026-05-01. 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 29 weeks on average.
Is CCOI a good value right now?
Here's what our data says about CCOI as of 2026-05-01: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 48. Free cash flow is currently negative. Return on equity is -229.1%. Price-to-book is -17.3x. 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 23.3 years, $100 invested in CCOI would have grown to $408, compared to $1278 for the S&P 500. That's 6.2% annualized vs 11.5% 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 892.00%.
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 2026-05-01