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Rogers Communications (TSE:RCI.A) Reaches New 1-Year Low - What's Next?

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$39.70 and last traded at C$39.70, with a volume of 4105 shares changing hands. The stock had previously closed at C$41.25.

Rogers Communications Price Performance

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 firm has a market capitalization of C$4.33 billion, a PE ratio of 23.93, a PEG ratio of 0.95 and a beta of 0.62. The stock has a 50-day moving average price of C$43.10 and a 200 day moving average price of C$48.90.

Rogers Communications Company Profile

(Get Free Report)

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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