Rogers Communications Inc. (TSE:RCI.A - Get Free Report)'s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$41.86 and traded as high as C$49.70. Rogers Communications shares last traded at C$48.21, with a volume of 4,048 shares traded.
Rogers Communications Stock Performance
The firm has a market capitalization of C$5.36 billion, a P/E ratio of 29.58, a price-to-earnings-growth ratio of 0.95 and a beta of 0.62. 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 business's 50 day simple moving average is C$41.86 and its two-hundred day simple moving average is C$43.03.
Rogers Communications Company Profile
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Rogers is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Rogers' wireless business accounted for 60% of the company's total sales in 2021 and has increasingly provided a bigger portion of total company sales over the last several years.
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