Rogers Sugar Inc. (TSE:RSI) Senior Officer Sells C$119,200.00 in Stock

Rogers Sugar Inc. (TSE:RSI - Get Free Report) Senior Officer Michael Walton sold 20,000 shares of Rogers Sugar stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of C$5.96, for a total transaction of C$119,200.00.

Rogers Sugar Trading Up 0.5 %

TSE RSI traded up C$0.03 during trading hours on Friday, reaching C$6.00. The company's stock had a trading volume of 181,912 shares, compared to its average volume of 191,213. Rogers Sugar Inc. has a 52 week low of C$5.12 and a 52 week high of C$6.47. The company has a debt-to-equity ratio of 100.31, a current ratio of 1.66 and a quick ratio of 0.56. The stock has a market cap of C$767.52 million, a P/E ratio of 16.22 and a beta of 0.60. The firm has a fifty day simple moving average of C$5.81 and a 200-day simple moving average of C$5.71.

Rogers Sugar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, January 9th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, December 27th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.00%. Rogers Sugar's dividend payout ratio (DPR) is presently 97.30%.

Analyst Upgrades and Downgrades

RSI has been the topic of a number of research analyst reports. BMO Capital Markets raised their target price on shares of Rogers Sugar from C$6.50 to C$7.00 in a research report on Friday, November 29th. Scotiabank set a C$6.25 price target on Rogers Sugar and gave the company a "sector perform" rating in a research note on Wednesday, November 27th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of C$6.55.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.

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