Rogers Sugar (TSE:RSI) Share Price Passes Above 200-Day Moving Average - Time to Sell?

Shares of Rogers Sugar Inc. (TSE:RSI - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$5.61 and traded as high as C$5.65. Rogers Sugar shares last traded at C$5.63, with a volume of 98,325 shares changing hands.

Rogers Sugar Price Performance

The company has a debt-to-equity ratio of 104.41, a current ratio of 1.39 and a quick ratio of 0.56. The firm's 50-day moving average is C$5.63 and its two-hundred day moving average is C$5.61. The company has a market cap of C$718.37 million, a P/E ratio of 12.89 and a beta of 0.60.

Rogers Sugar Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 16th. Investors of record on Wednesday, July 16th will be given a $0.09 dividend. The ex-dividend date of this dividend is Friday, June 27th. This represents a $0.36 annualized dividend and a yield of 6.39%. Rogers Sugar's dividend payout ratio is currently 82.41%.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.