Rogers Communications (TSE:RCI.A) Hits New 12-Month High – Here’s Why

Shares of Rogers Communications Inc. (TSE:RCI.AGet Free Report) reached a new 52-week high on Monday . The company traded as high as C$56.11 and last traded at C$56.11, with a volume of 3663 shares changing hands. The stock had previously closed at C$55.25.

Rogers Communications Price Performance

The firm’s 50-day moving average price is C$51.79 and its 200-day moving average price is C$52.07. 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$30.52 billion, a PE ratio of 4.43, a PEG ratio of 0.95 and a beta of 0.96.

Rogers Communications (TSE:RCI.AGet Free Report) last issued its quarterly earnings results on Thursday, January 29th. The company reported C$1.51 earnings per share (EPS) for the quarter. Rogers Communications had a return on equity of 7.93% and a net margin of 4.30%.The company had revenue of C$6.17 billion during the quarter. On average, equities analysts forecast that Rogers Communications Inc. will post 5.100365 EPS for the current fiscal 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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