Rogers Sugar (OTCMKTS:RSGUF) Stock Price Up 0.1% – What’s Next?

Rogers Sugar Inc. (OTCMKTS:RSGUF)’s share price rose 0.1% on Wednesday . The stock traded as high as $4.4050 and last traded at $4.3960. Approximately 60,355 shares changed hands during mid-day trading, an increase of 337% from the average daily volume of 13,825 shares. The stock had previously closed at $4.39.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. TD Securities downgraded Rogers Sugar to a “hold” rating in a research note on Friday, November 28th. National Bankshares restated a “sector perform” rating on shares of Rogers Sugar in a research report on Friday, November 28th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Rogers Sugar Stock Performance

The business has a 50-day simple moving average of $4.38 and a two-hundred day simple moving average of $4.40.

About Rogers Sugar

Rogers Sugar Inc is a Canada-based sugar refining and distribution company that processes raw sugar cane and sugar beet into a range of refined sugar, liquid sugar, specialty sweeteners, molasses and syrups. The company’s product portfolio serves retail grocers, industrial food and beverage manufacturers, foodservice distributors and export markets. Through its packaging and private-label capabilities, Rogers Sugar provides granulated, powdered and specialty formats designed to meet the needs of both household consumers and large-scale food producers.

With roots dating back to 1890 in Vancouver, British Columbia, Rogers Sugar has grown through strategic acquisitions to become one of Canada’s leading sugar refiners.