Rogers Sugar (OTCMKTS:RSGUF) Shares Climb 0.1% – Time to Buy?

by · The Cerbat Gem

Rogers Sugar Inc. (OTCMKTS:RSGUF – Get Free Report) shares shot up 0.1% on Thursday. The company traded as high as $4.7741 and last traded at $4.7741. Approximately 22,435 shares changed hands during trading, a decline of 10% from the average session volume of 25,037 shares. The stock had previously closed at $4.77.

Analyst Ratings Changes

Separately, Scotiabank reiterated an “underperform” rating on shares of Rogers Sugar in a research report on Monday, August 10th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

Check Out Our Latest Analysis on Rogers Sugar

Rogers Sugar Stock Performance

The company’s 50 day simple moving average is $4.92 and its 200 day simple moving average is $4.87.

Rogers Sugar Company Profile

(Get Free Report)

Rogers Sugar Inc is a Canadian sugar-refining and food-ingredients company. Through its Lantic and Rogers brands, the company produces and markets granulated, icing, brown and specialty sugars for household, commercial and industrial customers.

The company supplies retail, food-service and food-processing markets, including manufacturers that use sugar in baked goods, beverages, confectionery products and other prepared foods. Its portfolio also includes liquid sugar and other customized sugar products designed for commercial applications.

Rogers Sugar operates refining and packaging facilities in Canada, including locations in Montreal, Quebec, and Taber, Alberta.

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