Rogers Communications Inc. (TSE:RCI.A – Get Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$40.50 and traded as high as C$40.67. Rogers Communications shares last traded at C$40.60, with a volume of 1,016 shares trading hands.
Rogers Communications Stock Performance
The stock’s 50 day moving average price is C$40.50 and its 200 day moving average price is C$45.54. The company has a debt-to-equity ratio of 436.50, a quick ratio of 0.58 and a current ratio of 0.65. The company has a market capitalization of C$4.51 billion, a P/E ratio of 24.91, a price-to-earnings-growth ratio of 0.95 and a beta of 0.62.
Rogers Communications Company Profile
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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