Cogent Communications saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an increase from 69 to 72.
IBD's unique RS Rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Cogent Communications can continue to show renewed price strength and hit that benchmark.
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Cogent Communications is building a cup without handle with an 86.76 buy point. See if the stock can break out in volume at least 40% higher than normal.
The company reported 0% EPS growth last quarter. Revenue gains came in at -7%. Look for the next report on or around Feb. 27.
Cogent Communications earns the No. 3 rank among its peers in the Telecom Services-Cable/Satellite industry group. BlackSky Technology is the top-ranked stock within the group.
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