Rogers Sugar Inc. (OTCMKTS:RSGUF – Get Free Report)’s stock price passed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $4.76 and traded as low as $4.73. Rogers Sugar shares last traded at $4.7380, with a volume of 21,732 shares traded.
Analyst Upgrades and Downgrades
Separately, Scotiabank reiterated an “underperform” rating on shares of Rogers Sugar in a research note on Monday, August 10th. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce”.
View Our Latest Report on Rogers Sugar
Rogers Sugar Price Performance
The company’s fifty day moving average is $4.75 and its 200-day moving average is $4.82.
Rogers Sugar Company Profile
Rogers Sugar Inc. is a Canadian sugar refining and distribution company whose shares trade in Canada and on the OTC market under the symbol RSGUF. The company operates primarily through its Lantic Inc. subsidiary and markets products under the Lantic and Rogers brands. Rogers Sugar refines, packages and distributes a range of sugar products, including granulated, icing, brown, yellow and liquid sugars. Its products serve retail consumers, food manufacturers, restaurants, bakeries and other industrial customers.
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