Rogers Communications (TSE:RCI.A) Stock Price Passes Above 50 Day Moving Average of $55.03

Rogers Communications Inc. (TSE:RCI.A)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$55.03 and traded as high as C$57.14. Rogers Communications shares last traded at C$56.60, with a volume of 403 shares trading hands.

Wall Street Analyst Weigh In

Separately, CIBC dropped their target price on Rogers Communications from C$77.00 to C$76.00 in a research report on Monday, July 8th.

Rogers Communications Price Performance

The company has a current ratio of 0.65, a quick ratio of 0.58 and a debt-to-equity ratio of 436.50. The stock has a market capitalization of C$6.29 billion, a price-to-earnings ratio of 34.72, a PEG ratio of 0.95 and a beta of 0.62. The stock has a 50-day moving average price of C$55.03 and a 200 day moving average price of C$57.07.

Rogers Communications Company Profile

Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communication services to individual consumers, businesses, governments, and other telecommunications service providers; postpaid and prepaid wireless services under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications to consumers and businesses.