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$5.73 and traded as high as C$6.38. Rogers Sugar shares last traded at C$6.35, with a volume of 172,209 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Desjardins raised their target price on Rogers Sugar from C$7.25 to C$7.50 and gave the company a "buy" rating in a report on Wednesday, August 13th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Rogers Sugar presently has an average rating of "Hold" and a consensus price target of C$6.67.
Read Our Latest Stock Analysis on Rogers Sugar
Rogers Sugar Stock Up 0.2%
The stock has a fifty day moving average of C$6.04 and a 200 day moving average of C$5.73. The firm has a market capitalization of C$813.52 million, a P/E ratio of 12.96 and a beta of 0.61. The company has a debt-to-equity ratio of 104.41, a current ratio of 1.39 and a quick ratio of 0.56.
Rogers Sugar Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 15th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Friday, September 26th. Rogers Sugar's dividend payout ratio (DPR) is 73.47%.
About Rogers Sugar
(
Get Free Report)
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.
See Also
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