Rogers Sugar (TSE:RSI) Stock Crosses Above 200 Day Moving Average of $5.47

Rogers Sugar Inc. (TSE:RSIGet Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$5.47 and traded as high as C$5.61. Rogers Sugar shares last traded at C$5.57, with a volume of 111,177 shares traded.

Analyst Upgrades and Downgrades

Several analysts recently commented on RSI shares. Scotiabank decreased their price target on Rogers Sugar from C$6.50 to C$6.00 and set a “sector perform” rating on the stock in a research note on Friday, December 1st. National Bank Financial reissued a “sector perform overweight” rating on shares of Rogers Sugar in a research note on Wednesday, October 25th. BMO Capital Markets decreased their target price on Rogers Sugar from C$6.50 to C$6.00 and set a “market perform” rating for the company in a research report on Friday, December 1st. Finally, National Bankshares lowered their price objective on Rogers Sugar from C$6.25 to C$5.50 and set a “sector perform” rating for the company in a research report on Friday, December 1st. Four analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of C$6.00.

Check Out Our Latest Analysis on Rogers Sugar

Rogers Sugar Stock Up 0.9 %

The company has a market cap of C$585.41 million, a price-to-earnings ratio of 12.66 and a beta of 0.60. The company has a current ratio of 1.75, a quick ratio of 0.56 and a debt-to-equity ratio of 142.84. The business has a fifty day moving average of C$5.45 and a two-hundred day moving average of C$5.47.

Rogers Sugar (TSE:RSIGet Free Report) last announced its quarterly earnings results on Thursday, November 30th. The company reported C$0.10 earnings per share (EPS) for the quarter. The company had revenue of C$308.04 million during the quarter. Rogers Sugar had a return on equity of 17.31% and a net margin of 4.69%. As a group, equities analysts anticipate that Rogers Sugar Inc. will post 0.4027085 EPS for the current fiscal year.

Rogers Sugar Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 1st. Shareholders of record on Thursday, February 1st were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.46%. The ex-dividend date of this dividend was Thursday, December 28th. Rogers Sugar’s dividend payout ratio is presently 81.82%.

Rogers Sugar Company Profile

(Get Free Report)

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.

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