Rogers Communications (TSE:RCI.A) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Shares of Rogers Communications Inc. (TSE:RCI.A) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$51.20 and traded as high as C$51.50. Rogers Communications shares last traded at C$50.97, with a volume of 1,785 shares.

Rogers Communications Stock Performance

The stock’s fifty day simple moving average is C$51.20 and its 200-day simple moving average is C$51.64. The company has a quick ratio of 0.58, a current ratio of 0.65 and a debt-to-equity ratio of 436.50. The company has a market capitalization of C$27.54 billion, a PE ratio of 4.00, a PEG ratio of 0.95 and a beta of 0.96.

Rogers Communications (TSE:RCI.A) last released its quarterly earnings results on Thursday, January 29th. The company reported C$1.51 earnings per share for the quarter. Rogers Communications had a return on equity of 7.93% and a net margin of 4.30%.The business had revenue of C$6.17 billion for the quarter. On average, research analysts predict that Rogers Communications Inc. will post 5.100365 earnings per share for the current fiscal year.

Rogers Communications Company Profile

Rogers is Canada’s leading communications and entertainment company, and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI).