Rogers Sugar Inc. (OTCMKTS:RSGUF – Get Free Report) shares passed below its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $4.76 and traded as low as $4.73. Rogers Sugar shares last traded at $4.7380, with a volume of 21,732 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Scotiabank reissued an “underperform” rating on shares of Rogers Sugar in a research report on Monday, August 10th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.
Check Out Our Latest Report on Rogers Sugar
Rogers Sugar Price Performance
The business’s 50-day simple moving average is $4.76 and its two-hundred day simple moving average is $4.82.
About Rogers Sugar
Rogers Sugar Inc. is a Canadian sugar refining and distribution company whose shares trade in Canada and on the OTC market under the symbol RSGUF. The company operates primarily through its Lantic Inc. subsidiary and markets products under the Lantic and Rogers brands. Rogers Sugar refines, packages and distributes a range of sugar products, including granulated, icing, brown, yellow and liquid sugars. Its products serve retail consumers, food manufacturers, restaurants, bakeries and other industrial customers.
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