Rogers Communications (TSE:RCI.A) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Rogers Communications Inc. (TSE:RCI.AGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$51.30 and traded as low as C$48.02. Rogers Communications shares last traded at C$48.90, with a volume of 2,212 shares traded.

Rogers Communications Trading Up 0.2%

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 company has a market capitalization of C$26.52 billion, a price-to-earnings ratio of 4.31, a P/E/G ratio of 0.95 and a beta of 0.98. The business’s 50-day simple moving average is C$50.60 and its 200-day simple moving average is C$51.28.

Rogers Communications (TSE:RCI.AGet Free Report) last issued its earnings results 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 company had revenue of C$5.62 billion for the quarter. On average, research analysts expect that Rogers Communications Inc. will post 5.100365 earnings per share 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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