Rogers Sugar (TSE:RSI) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

Rogers Sugar Inc. (TSE:RSI) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$5.66 and traded as high as C$5.66. Rogers Sugar shares last traded at C$5.64, with a volume of 141,434 shares changing hands.

Rogers Sugar Stock Performance

The stock has a market capitalization of C$719.65 million, a P/E ratio of 12.91 and a beta of 0.60. The company’s fifty day simple moving average is C$5.56 and its two-hundred day simple moving average is C$5.66. 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 16th. Stockholders of record on Wednesday, April 16th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.38%. The ex-dividend date of this dividend was Friday, March 28th. Rogers Sugar’s dividend payout ratio is currently 82.41%.

Rogers Sugar Company Profile

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.