Rogers Sugar (TSE:RSI) Shares Pass Above Two Hundred Day Moving Average of $0.00

Shares of Rogers Sugar Inc (TSE:RSI) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $5.71. Rogers Sugar shares last traded at $5.68, with a volume of 17,871 shares traded.

RSI has been the subject of several recent research reports. Desjardins dropped their price target on Rogers Sugar from C$6.25 to C$6.00 in a research report on Friday, May 3rd. BMO Capital Markets dropped their price target on Rogers Sugar from C$6.00 to C$5.50 in a research report on Friday, May 3rd.

The company has a debt-to-equity ratio of 100.53, a current ratio of 2.23 and a quick ratio of 0.80. The stock has a market capitalization of $493.69 million and a PE ratio of 14.48. The stock’s fifty day moving average price is C$5.71.

Rogers Sugar (TSE:RSI) last issued its quarterly earnings data on Thursday, May 2nd. The company reported C$0.05 earnings per share (EPS) for the quarter. The business had revenue of C$189.25 million for the quarter, compared to analyst estimates of C$208.70 million. On average, analysts predict that Rogers Sugar Inc will post 0.48 EPS for the current fiscal year.

Rogers Sugar Company Profile (TSE:RSI)

Rogers Sugar Inc, through its subsidiary, Lantic Inc, engages in refining, packaging, and marketing sugar and maple products. It offers granulated, plantation raw, brown, organic, icing, maple, stevia, smart sweetener blend, and coconut sugar, as well as syrups, jam and jelly mixes, iced tea mixes, and hot chocolate mixes.

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