Shares of Rogers Communications Inc. (TSE:RCI.A – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$41.80 and last traded at C$41.80, with a volume of 3530 shares traded. The stock had previously closed at C$42.31.
Rogers Communications Price Performance
The firm’s 50-day moving average is C$44.40 and its 200-day moving average is C$50.14. The company has a market capitalization of C$4.75 billion, a P/E ratio of 26.25, a price-to-earnings-growth ratio of 0.95 and a beta of 0.62. The company has a debt-to-equity ratio of 436.50, a current ratio of 0.65 and a quick ratio of 0.58.
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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