Rogers Sugar (TSE:RSI) Shares Cross Above 200 Day Moving Average – Should You Sell?

Rogers Sugar Inc. (TSE:RSI) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$5.61 and traded as high as C$5.66. Rogers Sugar shares last traded at C$5.58, with a volume of 221,633 shares traded.

Rogers Sugar Stock Down 0.9 %

The firm has a market cap of C$713.79 million, a price-to-earnings ratio of 15.08 and a beta of 0.60. The business’s 50-day moving average is C$5.65 and its 200-day moving average is C$5.61. The company has a debt-to-equity ratio of 100.31, a quick ratio of 0.56 and a current ratio of 1.66.

Rogers Sugar (TSE:RSI) last announced its earnings results on Thursday, August 8th. The company reported C$0.13 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.09 by C$0.04. Rogers Sugar had a return on equity of 13.23% and a net margin of 3.90%. The company had revenue of C$309.09 million during the quarter, compared to analyst estimates of C$296.10 million. On average, equities analysts predict that Rogers Sugar Inc. will post 0.5597668 EPS for the current year.

Rogers Sugar Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Friday, September 27th were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.36 annualized dividend and a dividend yield of 6.45%. Rogers Sugar’s dividend payout ratio (DPR) is currently 97.30%.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.