Shares of Rogers Sugar Inc. (TSE:RSI - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$6.70 and traded as high as C$6.81. Rogers Sugar shares last traded at C$6.74, with a volume of 205,427 shares.
Analyst Upgrades and Downgrades
Separately, TD Securities upgraded shares of Rogers Sugar to a "hold" rating in a report on Monday, May 11th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Rogers Sugar currently has a consensus rating of "Reduce" and an average target price of C$6.75.
Check Out Our Latest Research Report on Rogers Sugar
Rogers Sugar Stock Performance
The company has a quick ratio of 0.56, a current ratio of 1.68 and a debt-to-equity ratio of 89.42. The stock has a market cap of C$864.51 million, a P/E ratio of 12.96 and a beta of 0.71. The firm's 50-day moving average is C$6.92 and its two-hundred day moving average is C$6.70.
Rogers Sugar (TSE:RSI - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported C$0.13 EPS for the quarter. The company had revenue of C$293.69 million during the quarter. Rogers Sugar had a net margin of 5.48% and a return on equity of 14.14%. As a group, research analysts expect that Rogers Sugar Inc. will post 0.5597668 EPS for the current year.
Rogers Sugar Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 15th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 5.3%. The ex-dividend date was Friday, June 26th. Rogers Sugar's dividend payout ratio (DPR) is 69.23%.
Insider Buying and Selling at Rogers Sugar
In other news, insider Michael Walton sold 14,100 shares of the company's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of C$6.81, for a total transaction of C$96,021.00. Following the completion of the sale, the insider owned 246,647 shares in the company, valued at approximately C$1,679,666.07. This represents a 5.41% decrease in their position. Insiders sold a total of 58,000 shares of company stock valued at $395,419 over the last ninety days. 0.28% of the stock is owned by insiders.
Rogers Sugar Company Profile
(
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Rogers is a corporation established under the laws of Canada. The Corporation holds all of the common shares of Lantic and its administrative office is in Montréal, Québec. Lantic operates cane sugar refineries in Montréal, Québec, and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta. Lantic also operates a distribution center in Toronto, Ontario. Lantic's sugar products are mainly marketed under the 'Lantic' trademark in Eastern Canada, and the 'Rogers' trademark in Western Canada and include granulated, icing, cube, yellow and brown sugars, liquid sugars, and specialty syrups.
Further Reading
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