Rogers Communications Inc. (TSE:RCI.A - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$40.50 and traded as high as C$40.67. Rogers Communications shares last traded at C$40.60, with a volume of 1,016 shares trading hands.
Rogers Communications Stock Performance
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 capitalization of C$4.47 billion, a price-to-earnings ratio of 24.69, a PEG ratio of 0.95 and a beta of 0.62. The firm has a fifty day moving average of C$40.27 and a 200-day moving average of C$45.24.
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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