Rogers Communications (TSE:RCI.A) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Rogers Communications Inc. (TSE:RCI.AGet Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$50.48 and traded as high as C$53.00. Rogers Communications shares last traded at C$53.00, with a volume of 982 shares trading hands.

Rogers Communications Stock Up 1.0%

The business has a fifty day simple moving average of C$50.48 and a two-hundred day simple moving average of C$51.86. 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 company has a market cap of C$28.63 billion, a PE ratio of 4.06, a price-to-earnings-growth ratio of 0.95 and a beta of 0.99.

Rogers Communications (TSE:RCI.AGet Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported C$1.01 earnings per share for the quarter. The company had revenue of C$5.48 billion for the quarter. Rogers Communications had a return on equity of 7.93% and a net margin of 4.30%. As a group, equities research analysts predict that Rogers Communications Inc. will post 5.100365 earnings per share for the current 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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