Rogers Sugar (TSE:RSI) Stock Price Passes Above 200 Day Moving Average - Here's What Happened

Rogers Sugar Inc. (TSE:RSI - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$5.66 and traded as high as C$5.68. Rogers Sugar shares last traded at C$5.65, with a volume of 168,079 shares trading hands.

Rogers Sugar Price Performance

The firm has a fifty day moving average price of C$5.61 and a two-hundred day moving average price of C$5.65. The stock has a market capitalization of C$726.03 million, a P/E ratio of 13.03 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.

Rogers Sugar Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 16th. Stockholders of record on Wednesday, July 16th will be issued a dividend of $0.09 per share. The ex-dividend date is Friday, June 27th. This represents a $0.36 annualized dividend and a dividend yield of 6.33%. Rogers Sugar's payout ratio is 82.41%.

About Rogers Sugar

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.