Rogers Communications (TSE:RCI.A) Shares Pass Above 50 Day Moving Average – Time to Sell?

Rogers Communications Inc. (TSE:RCI.AGet Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$50.55 and traded as high as C$54.88. Rogers Communications shares last traded at C$54.88, with a volume of 350 shares changing hands.

Rogers Communications Stock Performance

The stock has a 50-day simple moving average of C$50.55 and a 200-day simple moving average of C$51.90. The company has a market capitalization of C$29.65 billion, a price-to-earnings ratio of 4.21, a price-to-earnings-growth ratio of 0.95 and a beta of 0.91. The company has a current ratio of 0.65, a quick ratio of 0.58 and a debt-to-equity ratio of 436.50.

Rogers Communications (TSE:RCI.AGet Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported C$1.01 earnings per share (EPS) for the quarter. Rogers Communications had a return on equity of 7.93% and a net margin of 4.30%.The company had revenue of C$5.48 billion for the quarter. On average, analysts anticipate that Rogers Communications Inc. will post 5.100365 earnings per share for the current year.

Rogers Communications Company Profile

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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).

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