Rogers Communications (TSE:RCI.A) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

by · The Cerbat Gem

Shares of Rogers Communications Inc. (TSE:RCI.A – Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$51.42 and traded as high as C$53.28. Rogers Communications shares last traded at C$53.28, with a volume of 283 shares traded.

Rogers Communications Price Performance

The company has a current ratio of 0.65, a quick ratio of 0.58 and a debt-to-equity ratio of 436.50. The stock has a market capitalization of C$27.17 billion, a price-to-earnings ratio of 3.86, a PEG ratio of 0.95 and a beta of 0.91. The stock has a 50-day moving average price of C$51.62 and a 200 day moving average price of C$51.80.

Rogers Communications (TSE:RCI.A – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The company reported C$1.01 earnings per share (EPS) for the quarter. Rogers Communications had a net margin of 4.30% and a return on equity of 7.93%. The firm had revenue of C$5.48 billion for the quarter. As a group, equities research analysts expect that Rogers Communications Inc. will post 5.100365 earnings per share for the current year.

About Rogers Communications

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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).

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