Cogeco Inc. (TSE:CGO) insider Andrée Pinard sold 199 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of C$96.19, for a total value of C$19,141.81.

Shares of Cogeco Inc. (CGO) traded up C$0.30 during trading on Friday, hitting C$96.87. The company’s stock had a trading volume of 21,522 shares, compared to its average volume of 16,318. Cogeco Inc. has a 12 month low of C$54.00 and a 12 month high of C$96.87.

Separately, TD Securities downgraded Cogeco from a “buy” rating to a “hold” rating and set a C$95.00 price objective for the company. in a report on Friday, October 6th.

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Cogeco Company Profile

Cogeco Inc is a holding company, which operates in the communications and media sectors. The Company operates through two segments: Communications and Other. The Communications segment, through the Company’s subsidiary, Cogeco Communications Inc (Cogeco Communications), provides its residential and business customers with video, Internet and telephony services through its two-way broadband fiber networks.

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