Rogers Communications (TSE:RCI.A) Sets New 52-Week Low – Here’s What Happened

Rogers Communications Inc. (TSE:RCI.A) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$44.50 and last traded at C$44.50, with a volume of 774 shares. The stock had previously closed at C$45.27.

Wall Street Analyst Weigh In

Separately, Scotiabank lowered their target price on shares of Rogers Communications from C$71.50 to C$69.00 in a research note on Thursday, November 21st.

Rogers Communications Stock Up 1.8 %

The firm has a market cap of C$5.09 billion, a PE ratio of 28.07, a PEG ratio of 0.95 and a beta of 0.62. The company has a debt-to-equity ratio of 436.50, a quick ratio of 0.58 and a current ratio of 0.65. The company’s 50-day simple moving average is C$49.56 and its two-hundred day simple moving average is C$53.52.

Rogers Communications Company Profile

Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping and express pickup services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands.