Free Trial

Rogers Communications (TSE:RCI.A) Shares Pass Above 50 Day Moving Average - Should You Sell?

Rogers Communications logo with Communication Services background

Rogers Communications Inc. (TSE:RCI.A - Get Free Report)'s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$40.07 and traded as high as C$41.00. Rogers Communications shares last traded at C$40.20, with a volume of 3,938 shares traded.

Rogers Communications Price Performance

The firm's 50 day simple moving average is C$39.99 and its two-hundred day simple moving average is C$44.77. The company has a debt-to-equity ratio of 436.50, a current ratio of 0.65 and a quick ratio of 0.58. The firm has a market capitalization of C$4.51 billion, a P/E ratio of 24.91, a P/E/G ratio of 0.95 and a beta of 0.62.

About Rogers Communications

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Rogers Communications Right Now?

Before you consider Rogers Communications, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rogers Communications wasn't on the list.

While Rogers Communications currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Top 5 Stocks for June: AI Picks That Aren’t NVIDIA
This Unique Robotaxi Play Could Deliver 10X Returns
NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines