Free Trial

Rogers Communications (TSE:RCI.A) Share Price Crosses Above Fifty Day Moving Average - What's Next?

Rogers Communications logo with Communication Services background

Shares of Rogers Communications Inc. (TSE:RCI.A - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$39.87 and traded as high as C$40.55. Rogers Communications shares last traded at C$40.55, with a volume of 802 shares changing hands.

Rogers Communications Trading Up 2.2%

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$4.58 billion, a price-to-earnings ratio of 25.27, a price-to-earnings-growth ratio of 0.95 and a beta of 0.62. The business's 50 day moving average price is C$39.87 and its 200-day moving average price is C$44.33.

Rogers Communications Company Profile

(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.

See Also

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

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

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

Featured Articles and Offers

Recent Videos

3 Made in America Stocks Under $20 You Need to See!
3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines