Rogers Communications (TSE:RCI.A) Shares Pass Above 50 Day Moving Average – Time to Sell?

Shares of Rogers Communications Inc. (TSE:RCI.A) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$50.55 and traded as high as C$54.88. Rogers Communications shares last traded at C$54.88, with a volume of 350 shares changing hands.

Rogers Communications Stock Performance

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 firm has a market capitalization of C$29.65 billion, a price-to-earnings ratio of 4.21, a price-to-earnings-growth ratio of 0.95 and a beta of 0.91. The company has a 50-day moving average of C$50.55 and a 200-day moving average of C$51.90.

Rogers Communications (TSE:RCI.A) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported C$1.01 earnings per share (EPS) for the quarter. The business 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%. On average, equities research analysts forecast that Rogers Communications Inc. will post 5.100365 earnings per share for the current fiscal year.

Rogers Communications Company Profile

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).