Cogent Communications saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 70 to 76.
IBD's proprietary rating identifies share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of over 80 as they launch their biggest price moves. See if Cogent Communications can continue to rebound and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
While the stock is not near a proper buy zone right now, see if it is able to form and break out from a proper chart pattern.
Cogent Communications showed 0% EPS growth in the latest quarterly report. Revenue gains came in at -7%.
Cogent Communications earns the No. 6 rank among its peers in the Telecom Services-Cable/Satellite industry group. Liberty Global Cl A, AST SpaceMobile and Comcast Cl A are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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