Rogers Sugar (TSE:RSI) Insider Louis Turenne Sells 27,692 Shares of Company Stock

Rogers Sugar Inc. (TSE:RSI) insider Louis Turenne sold 27,692 shares of the business’s stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of C$6.71, for a total value of C$185,813.32. Following the completion of the sale, the insider directly owned 18,896 shares in the company, valued at C$126,792.16. This represents a 59.44% decrease in their position.

Rogers Sugar Trading Up 0.1%

Shares of Rogers Sugar stock opened at C$6.75 on Friday. The business has a fifty day simple moving average of C$6.87 and a 200-day simple moving average of C$6.76. Rogers Sugar Inc. has a fifty-two week low of C$5.86 and a fifty-two week high of C$7.16. The firm has a market cap of C$867.67 million, a price-to-earnings ratio of 12.98 and a beta of 0.70. The company has a quick ratio of 0.56, a current ratio of 1.68 and a debt-to-equity ratio of 89.42.

Rogers Sugar (TSE:RSI) last released its earnings results on Thursday, August 6th. The company reported C$0.13 earnings per share (EPS) for the quarter. Rogers Sugar had a return on equity of 14.14% and a net margin of 5.48%.The firm had revenue of C$293.69 million for the quarter. On average, equities analysts forecast that Rogers Sugar Inc. will post 0.5597668 EPS for the current fiscal year.

Rogers Sugar Company Profile

Rogers is a corporation established under the laws of Canada. The Corporation holds all of the common shares of Lantic and its administrative office is in Montréal, Québec. Lantic operates cane sugar refineries in Montréal, Québec, and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta. Lantic also operates a distribution center in Toronto, Ontario. Lantic’s sugar products are mainly marketed under the ‘Lantic’ trademark in Eastern Canada, and the ‘Rogers’ trademark in Western Canada and include granulated, icing, cube, yellow and brown sugars, liquid sugars, and specialty syrups.