Rogers Sugar Inc. (TSE:RSI - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$5.65 and traded as high as C$6.41. Rogers Sugar shares last traded at C$6.38, with a volume of 400,755 shares traded.
Wall Street Analyst Weigh In
Separately, Desjardins upped their price objective on Rogers Sugar from C$7.25 to C$7.50 and gave the stock a "buy" rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of C$6.67.
Get Our Latest Analysis on Rogers Sugar
Rogers Sugar Stock Performance
The firm has a fifty day simple moving average of C$5.91 and a 200-day simple moving average of C$5.67. The company has a current ratio of 1.39, a quick ratio of 0.56 and a debt-to-equity ratio of 104.41. The stock has a market cap of C$817.37 million, a price-to-earnings ratio of 13.02 and a beta of 0.61.
Rogers Sugar Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Wednesday, October 15th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.6%. Rogers Sugar's dividend payout ratio (DPR) is currently 73.47%.
About Rogers Sugar
(
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Rogers Sugar Inc is a Canada based sugar producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include iced tea mix, stevia, yellow sugar, Cubes, Coconut sugar, and other related sugar products.
Further Reading
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