Rogers Communications (TSE:RCI.A) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Shares of Rogers Communications Inc. (TSE:RCI.A) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$51.42 and traded as high as C$53.28. Rogers Communications shares last traded at C$53.28, with a volume of 283 shares traded.

Rogers Communications Price 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 stock has a market capitalization of C$27.17 billion, a price-to-earnings ratio of 3.86, a PEG ratio of 0.95 and a beta of 0.91. The stock has a 50-day moving average price of C$51.62 and a 200 day moving average price of C$51.80.

Rogers Communications (TSE:RCI.A) last released its quarterly earnings results on Wednesday, April 22nd. The company reported C$1.01 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 firm had revenue of C$5.48 billion for the quarter. As a group, equities research analysts expect that Rogers Communications Inc. will post 5.100365 earnings per share for the current year.

About Rogers Communications

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).