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

Rogers Communications Inc. (TSE:RCI.A)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$51.39 and traded as high as C$53.47. Rogers Communications shares last traded at C$52.37, with a volume of 1,837 shares traded.

Rogers Communications Price Performance

The firm has a market cap of C$28.29 billion, a price-to-earnings ratio of 4.11, a P/E/G ratio of 0.95 and a beta of 0.96. 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’s fifty day moving average price is C$51.39 and its 200-day moving average price is C$51.80.

Rogers Communications (TSE:RCI.A) last posted its earnings results on Thursday, January 29th. The company reported C$1.51 earnings per share (EPS) for the quarter. Rogers Communications had a return on equity of 7.93% and a net margin of 4.30%.The company had revenue of C$6.17 billion during the quarter. As a group, equities research analysts forecast that Rogers Communications Inc. will post 5.100365 earnings per share for the current fiscal 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).