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Rogers Communications (TSE:RCI.A) Hits New 52-Week Low - What's Next?

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Rogers Communications Inc. (TSE:RCI.A - Get Free Report) reached a new 52-week low on Monday . The stock traded as low as C$43.26 and last traded at C$43.26, with a volume of 5424 shares trading hands. The stock had previously closed at C$46.00.

Wall Street Analysts Forecast Growth

Separately, Scotiabank reduced their price objective on Rogers Communications from C$71.50 to C$69.00 in a research report on Thursday, November 21st.

Check Out Our Latest Stock Analysis on RCI.A

Rogers Communications Trading Down 2.9 %

The business's 50 day moving average price is C$48.25 and its 200-day moving average price is C$53.08. The company has a market cap of C$4.78 billion, a price-to-earnings ratio of 26.38, a PEG ratio of 0.95 and a beta of 0.62. The company has a debt-to-equity ratio of 436.50, a quick ratio of 0.58 and a current ratio of 0.65.

Rogers Communications Company Profile

(Get Free Report)

Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping and express pickup services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands.

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