Rogers Sugar (OTCMKTS:RSGUF) Shares Climb 1.7% – Still a Buy?

Rogers Sugar Inc. (OTCMKTS:RSGUF – Get Free Report)’s stock price rose 1.7% on Monday. The stock traded as high as $4.74 and last traded at $4.74. Approximately 21,323 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 24,580 shares. The stock had previously closed at $4.6587.

Analyst Ratings Changes

Separately, Scotiabank reissued an “underperform” rating on shares of Rogers Sugar in a research report on Monday, August 10th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

Read Our Latest Analysis on Rogers Sugar

Rogers Sugar Stock Performance

The company has a 50-day simple moving average of $4.82 and a two-hundred day simple moving average of $4.85.

About Rogers Sugar

(Get Free Report)

Rogers Sugar Inc is a Canadian food manufacturer and marketer that produces, packages and distributes refined sugar and related sweetener products. Its portfolio includes granulated, icing, brown and liquid sugars sold under the Rogers and Lantic brand names, as well as products supplied to retail, food-service and industrial customers.

The company serves customers across Canada through a network that includes sugar-refining and processing operations in British Columbia, Quebec and Alberta.

Further Reading

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