Shares of Rogers Sugar Inc. (TSE:RSI - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.67 and traded as high as C$5.68. Rogers Sugar shares last traded at C$5.67, with a volume of 266,844 shares traded.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on RSI shares. BMO Capital Markets lowered their target price on Rogers Sugar from C$7.00 to C$6.50 and set a "market perform" rating for the company in a research note on Friday, February 7th. Scotiabank decreased their price objective on Rogers Sugar from C$6.25 to C$6.00 and set an "equal weight" rating for the company in a report on Friday, February 7th.
Read Our Latest Stock Report on Rogers Sugar
Rogers Sugar Price Performance
The company has a market capitalization of C$723.48 million, a PE ratio of 12.98 and a beta of 0.60. The company has a debt-to-equity ratio of 104.41, a quick ratio of 0.56 and a current ratio of 1.39. The company's 50-day moving average is C$5.54 and its 200 day moving average is C$5.67.
Rogers Sugar Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 16th. Stockholders of record on Wednesday, April 16th were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.36 annualized dividend and a dividend yield of 6.35%. Rogers Sugar's dividend payout ratio is presently 82.41%.
About Rogers Sugar
(
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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.
Further Reading
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