Rogers Communications (TSE:RCI.A) Shares Cross Below 200 Day Moving Average – What’s Next?

Rogers Communications Inc. (TSE:RCI.AGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$51.25 and traded as low as C$50.80. Rogers Communications shares last traded at C$51.00, with a volume of 4,915 shares.

Rogers Communications Stock Performance

The company has a 50-day simple moving average of C$49.88 and a two-hundred day simple moving average of C$51.25. 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 firm has a market capitalization of C$27.55 billion, a P/E ratio of 4.47, a PEG ratio of 0.95 and a beta of 0.98.

Rogers Communications (TSE:RCI.AGet Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported C$1.15 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 firm had revenue of C$5.62 billion during the quarter. As a group, equities analysts forecast that Rogers Communications Inc. will post 5.100365 EPS for the current year.

About Rogers Communications

(Get Free Report)

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).

See Also

Receive News & Ratings for Rogers Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rogers Communications and related companies with MarketBeat.com's FREE daily email newsletter.