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

Rogers Communications Inc. (TSE:RCI.A) reached a new 52-week low during trading on Tuesday . The company traded as low as C$46.53 and last traded at C$48.62, with a volume of 1075 shares traded. The stock had previously closed at C$47.50.

Wall Street Analyst Weigh In

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

Rogers Communications Price Performance

The stock has a market cap of C$5.40 billion, a price-to-earnings ratio of 29.83, a P/E/G ratio of 0.95 and a beta of 0.62. The company has a 50 day simple moving average of C$53.44 and a 200-day simple moving average of C$55.05. The company has a current ratio of 0.65, a quick ratio of 0.58 and a debt-to-equity ratio of 436.50.

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.