Rogers Communications (TSE:RCI.A) Sets New 1-Year Low – What’s Next?

Rogers Communications Inc. (TSE:RCI.AGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$46.49 and last traded at C$46.49, with a volume of 400 shares. The stock had previously closed at C$46.75.

Analyst Ratings Changes

Separately, Scotiabank cut their price target on shares of Rogers Communications from C$71.50 to C$69.00 in a report on Thursday, November 21st.

Read Our Latest Stock Report on Rogers Communications

Rogers Communications Trading Down 3.2 %

The stock has a market capitalization of C$5.00 billion, a PE ratio of 27.60, a PEG ratio of 0.95 and a beta of 0.62. 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 business’s 50-day moving average is C$50.88 and its two-hundred day moving average is C$54.02.

About Rogers Communications

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Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping and express pickup services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands.

Further Reading

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