Rogers Communications (TSE:RCI.A) Sets New 1-Year Low – Should You Sell?

Rogers Communications Inc. (TSE:RCI.A)’s share price hit a new 52-week low during mid-day trading on Monday. The company traded as low as C$45.55 and last traded at C$45.55, with a volume of 798 shares trading hands. The stock had previously closed at C$47.71.

Rogers Communications Trading Down 0.9%

The firm has a market capitalization of C$24.63 billion, a P/E ratio of 4.00, a price-to-earnings-growth ratio of 0.95 and a beta of 0.97. The business’s 50-day moving average is C$50.23 and its 200 day moving average is C$50.78. The company has a debt-to-equity ratio of 436.50, a current ratio of 0.65 and a quick ratio of 0.58.

Rogers Communications (TSE:RCI.A) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported C$1.15 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$5.62 billion during the quarter. As a group, analysts anticipate that Rogers Communications Inc. will post 5.100365 EPS 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).