Rogers Communications Inc. (TSE:RCI.A – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$41.21 and traded as low as C$39.39. Rogers Communications shares last traded at C$39.39, with a volume of 2,086 shares trading hands.
Rogers Communications Stock Down 0.5%
The firm’s 50 day moving average price is C$41.07 and its two-hundred day moving average price is C$46.17. The company has a market cap of C$4.38 billion, a P/E ratio of 24.17, a price-to-earnings-growth ratio of 0.95 and a beta of 0.62. The company has a debt-to-equity ratio of 436.50, a quick ratio of 0.58 and a current ratio of 0.65.
About Rogers Communications
Rogers is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Rogers’ wireless business accounted for 60% of the company’s total sales in 2021 and has increasingly provided a bigger portion of total company sales over the last several years.
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