Rogers Communications (TSE:RCI.A) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Rogers Communications Inc. (TSE:RCI.A) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$52.50 and traded as low as C$46.50. Rogers Communications shares last traded at C$47.45, with a volume of 2,120 shares.

Rogers Communications Price Performance

The company’s 50-day moving average is C$52.50 and its 200-day moving average is C$52.34. The company has a debt-to-equity ratio of 436.50, a current ratio of 0.65 and a quick ratio of 0.58. The firm has a market capitalization of C$25.63 billion, a price-to-earnings ratio of 3.72, a PEG ratio of 0.95 and a beta of 0.94.

Rogers Communications (TSE:RCI.A) last released its earnings results on Thursday, January 29th. The company reported C$1.51 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 business had revenue of C$6.17 billion for the quarter. On average, research analysts expect that Rogers Communications Inc. will post 5.100365 earnings per share for the current 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).