Rogers Communications (TSE:RCI.A) Hits New 1-Year Low – What’s Next?

Rogers Communications Inc. (TSE:RCI.A – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday. The stock traded as low as C$44.00 and last traded at C$44.00, with a volume of 1603 shares changing hands. The stock had previously closed at C$44.99.

Rogers Communications Trading Down 2.2%

The company’s fifty day moving average is C$49.87 and its two-hundred day moving average is C$50.46. The company has a quick ratio of 0.58, a current ratio of 0.65 and a debt-to-equity ratio of 436.50. The stock has a market cap of C$23.77 billion, a price-to-earnings ratio of 3.86, a PEG ratio of 0.95 and a beta of 0.97.

Rogers Communications (TSE:RCI.A – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported C$1.15 earnings per share (EPS) for the quarter. The business had revenue of C$5.62 billion during the quarter. Rogers Communications had a net margin of 4.30% and a return on equity of 7.93%. On average, research analysts predict that Rogers Communications Inc. will post 5.100365 EPS for the current fiscal year.

Rogers Communications Company Profile

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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).

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