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Rogers Communications (TSE:RCI.A) Sets New 52-Week Low - Here's What Happened

Rogers Communications logo with Communication Services background

Shares of Rogers Communications Inc. (TSE:RCI.A - Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$49.74 and last traded at C$49.78, with a volume of 1481 shares trading hands. The stock had previously closed at C$50.00.

Wall Street Analysts Forecast Growth

Separately, Scotiabank dropped their price objective on shares of Rogers Communications from C$71.50 to C$69.00 in a research note on Thursday, November 21st.

View Our Latest Analysis on Rogers Communications

Rogers Communications Stock Down 1.6 %

The company has a quick ratio of 0.58, a current ratio of 0.65 and a debt-to-equity ratio of 436.50. The company has a 50 day simple moving average of C$54.69 and a two-hundred day simple moving average of C$55.58. The company has a market capitalization of C$5.47 billion, a P/E ratio of 30.37, a PEG ratio of 0.95 and a beta of 0.62.

About Rogers Communications

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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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