Rogers Sugar (TSE:RSI) Stock: Insider Louis Turenne Sells 27,692 Shares

Rogers Sugar Inc. (TSE:RSI) insider Louis Turenne sold 27,692 shares of Rogers Sugar stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of C$6.71, for a total value of C$185,813.32. Following the completion of the transaction, the insider directly owned 18,896 shares in the company, valued at approximately C$126,792.16. This represents a 59.44% decrease in their ownership of the stock.

Rogers Sugar Stock Performance

Shares of RSI stock traded up C$0.01 during trading hours on Friday, reaching C$6.75. 159,047 shares of the company’s stock were exchanged, compared to its average volume of 262,302. Rogers Sugar Inc. has a fifty-two week low of C$5.86 and a fifty-two week high of C$7.16. The company has a quick ratio of 0.56, a current ratio of 1.68 and a debt-to-equity ratio of 89.42. The stock has a market capitalization of C$867.67 million, a P/E ratio of 12.98 and a beta of 0.70. The business has a fifty day moving average price of C$6.87 and a 200-day moving average price of C$6.76.

Rogers Sugar (TSE:RSI) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$0.13 earnings per share (EPS) for the quarter. Rogers Sugar had a net margin of 5.48% and a return on equity of 14.14%. The business had revenue of C$293.69 million for the quarter. Analysts predict that Rogers Sugar Inc. will post 0.5597668 EPS for the current fiscal year.

Rogers Sugar Company Profile

Rogers is a corporation established under the laws of Canada. The Corporation holds all of the common shares of Lantic and its administrative office is in Montréal, Québec. Lantic operates cane sugar refineries in Montréal, Québec, and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta. Lantic also operates a distribution center in Toronto, Ontario. Lantic’s sugar products are mainly marketed under the ‘Lantic’ trademark in Eastern Canada, and the ‘Rogers’ trademark in Western Canada and include granulated, icing, cube, yellow and brown sugars, liquid sugars, and specialty syrups.