Rogers Sugar Inc. (TSE:RSI - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$5.75 and traded as high as C$5.89. Rogers Sugar shares last traded at C$5.87, with a volume of 209,650 shares.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on RSI. Scotiabank raised shares of Rogers Sugar to a "hold" rating in a report on Friday, December 27th. BMO Capital Markets increased their target price on Rogers Sugar from C$6.50 to C$7.00 in a report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of C$6.55.
Check Out Our Latest Stock Report on RSI
Rogers Sugar Trading Down 1.9 %
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 firm has a market cap of C$721.47 million, a price-to-earnings ratio of 15.24 and a beta of 0.60. The business's 50-day moving average price is C$5.92 and its two-hundred day moving average price is C$5.75.
Rogers Sugar Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 9th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.38%. The ex-dividend date was Friday, December 27th. Rogers Sugar's dividend payout ratio is presently 97.30%.
Insider Transactions at Rogers Sugar
In other news, Senior Officer Michael Walton sold 20,000 shares of the company's stock in a transaction on Friday, December 20th. The stock was sold at an average price of C$5.96, for a total transaction of C$119,200.00. Also, Senior Officer Patrick Dionne sold 50,352 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$6.37, for a total value of C$320,943.65. Insiders own 0.28% of the company's stock.
Rogers Sugar Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Rogers Sugar, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rogers Sugar wasn't on the list.
While Rogers Sugar currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
