Rogers Communications (TSE:RCI.A) Shares Cross Above Fifty Day Moving Average – What’s Next?
by Amy Steele · The Cerbat GemRogers Communications Inc. (TSE:RCI.A – Get Free Report) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$50.67 and traded as high as C$54.68. Rogers Communications shares last traded at C$54.27, with a volume of 2,569 shares.
Rogers Communications Price Performance
The company has a debt-to-equity ratio of 436.50, a quick ratio of 0.58 and a current ratio of 0.65. The stock’s 50 day simple moving average is C$50.67 and its two-hundred day simple moving average is C$51.86. The firm has a market capitalization of C$29.32 billion, a PE ratio of 4.16, a price-to-earnings-growth ratio of 0.95 and a beta of 0.91.
Rogers Communications (TSE:RCI.A – Get Free Report) last released its earnings results on Wednesday, April 22nd. The company reported C$1.01 earnings per share for the quarter. The business had revenue of C$5.48 billion for the quarter. Rogers Communications had a net margin of 4.30% and a return on equity of 7.93%. On average, sell-side analysts forecast that Rogers Communications Inc. will post 5.100365 EPS for the current year.
About Rogers Communications
Rogers is Canada’s leading communications and entertainment company, and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI).