Rogers Sugar Inc. (TSE:RSI) Senior Officer Jean-Sebastien Couillard Buys 9,400 Shares

Rogers Sugar Inc. (TSE:RSI) Senior Officer Jean-Sebastien Couillard acquired 9,400 shares of Rogers Sugar stock in a transaction that occurred on Wednesday, February 12th. The shares were purchased at an average cost of C$5.35 per share, with a total value of C$50,278.72.

Rogers Sugar Stock Performance

RSI opened at C$5.50 on Friday. The company has a market cap of C$701.78 million, a PE ratio of 12.59 and a beta of 0.60. The stock has a 50-day moving average of C$5.84 and a 200-day moving average of C$5.74. Rogers Sugar Inc. has a 52-week low of C$5.12 and a 52-week high of C$6.47. The company has a debt-to-equity ratio of 104.41, a quick ratio of 0.56 and a current ratio of 1.39.

Rogers Sugar Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 9th were issued a $0.09 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.36 annualized dividend and a yield of 6.55%. Rogers Sugar’s dividend payout ratio (DPR) is 82.41%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. BMO Capital Markets lowered their target price on Rogers Sugar from C$7.00 to C$6.50 and set a “market perform” rating on the stock in a research note on Friday, February 7th. Scotiabank lowered their target price on Rogers Sugar from C$6.25 to C$6.00 and set an “equal weight” rating on the stock in a research note on Friday, February 7th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of C$6.40.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.