Shares of Rogers Sugar Inc. (TSE:RSI - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$5.73 and traded as high as C$5.73. Rogers Sugar shares last traded at C$5.71, with a volume of 217,876 shares traded.
Wall Street Analyst Weigh In
A number of analysts have commented on RSI shares. Scotiabank upgraded shares of Rogers Sugar to a "hold" rating in a research report on Friday, December 27th. BMO Capital Markets boosted their target price on shares of Rogers Sugar from C$6.50 to C$7.00 in a report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of C$6.55.
Get Our Latest Report on Rogers Sugar
Rogers Sugar Price Performance
The stock's 50-day moving average is C$5.90 and its 200 day moving average is C$5.73. The stock has a market capitalization of C$729.14 million, a PE ratio of 15.41 and a beta of 0.60. The company has a quick ratio of 0.56, a current ratio of 1.66 and a debt-to-equity ratio of 100.31.
Rogers Sugar Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 9th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 6.32%. The ex-dividend date was Friday, December 27th. Rogers Sugar's payout ratio is presently 97.30%.
Insider Activity at Rogers Sugar
In other Rogers Sugar news, Senior Officer Michael Walton sold 20,000 shares of the business's 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 value of C$119,200.00. Also, Senior Officer Patrick Dionne sold 50,352 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of C$6.37, for a total transaction of C$320,943.65. 0.28% of the stock is currently owned by insiders.
About Rogers Sugar
(
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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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