Rogers Communications Inc. (TSE:RCI.A – Get Free Report) shares hit a new 52-week low on Monday . The stock traded as low as C$41.80 and last traded at C$41.80, with a volume of 3530 shares traded. The stock had previously closed at C$42.31.
Rogers Communications Price Performance
The firm has a market cap of C$4.47 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 0.95 and a beta of 0.62. The stock has a 50 day simple moving average of C$44.22 and a two-hundred day simple moving average of C$49.94. The company has a debt-to-equity ratio of 436.50, a quick ratio of 0.58 and a current ratio of 0.65.
About Rogers Communications
Rogers is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Rogers’ wireless business accounted for 60% of the company’s total sales in 2021 and has increasingly provided a bigger portion of total company sales over the last several years.
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