Rogers Communications (TSE:RCI.A) Hits New 1-Year Low – Time to Sell?

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

Analyst Ratings Changes

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

Rogers Communications Price Performance

The company has a quick ratio of 0.58, a current ratio of 0.65 and a debt-to-equity ratio of 436.50. The firm’s fifty day moving average price is C$49.56 and its 200 day moving average price is C$53.52. The stock has a market cap of C$5.09 billion, a PE ratio of 28.07, a P/E/G ratio of 0.95 and a beta of 0.62.

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.