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Rogers Sugar (TSE:RSI) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Rogers Sugar logo with Consumer Defensive background

Rogers Sugar Inc. (TSE:RSI - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$5.60 and traded as high as C$5.75. Rogers Sugar shares last traded at C$5.74, with a volume of 60,830 shares traded.

Rogers Sugar Price Performance

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 company's 50-day simple moving average is C$5.64 and its 200-day simple moving average is C$5.60. The stock has a market capitalization of C$734.26 million, a P/E ratio of 15.51 and a beta of 0.60.

Rogers Sugar (TSE:RSI - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported C$0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.09 by C$0.04. The firm had revenue of C$309.09 million for the quarter, compared to analyst estimates of C$296.10 million. Rogers Sugar had a net margin of 3.90% and a return on equity of 13.23%. As a group, sell-side analysts expect that Rogers Sugar Inc. will post 0.5597668 EPS for the current fiscal year.

Rogers Sugar Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Friday, September 27th were given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 6.27%. The ex-dividend date was Friday, September 27th. Rogers Sugar's payout ratio is presently 97.30%.

About Rogers Sugar

(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.

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