Rogers Communications (TSE:RCI.A) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Rogers Communications Inc. (TSE:RCI.A)’s stock price 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 Stock Performance

The company has a debt-to-equity ratio of 436.50, a current ratio of 0.65 and a quick ratio of 0.58. The firm has a market capitalization of C$28.78 billion, a price-to-earnings ratio of 4.09, a PEG ratio of 0.95 and a beta of 0.91. The firm has a 50 day moving average price of C$51.42 and a 200-day moving average price of C$51.80.

Rogers Communications (TSE:RCI.A) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported C$1.01 EPS for the quarter. Rogers Communications had a return on equity of 7.93% and a net margin of 4.30%.The business had revenue of C$5.48 billion during the quarter. As a group, sell-side analysts expect that Rogers Communications Inc. will post 5.100365 earnings per share for the current fiscal 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).