Rogers Sugar Inc. (TSE:RSI)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$5.32 and traded as high as C$5.62. Rogers Sugar shares last traded at C$5.61, with a volume of 113,905 shares traded.
Separately, Scotiabank increased their target price on shares of Rogers Sugar from C$5.50 to C$5.75 in a research report on Thursday, February 4th.
The business’s fifty day simple moving average is C$5.48 and its 200 day simple moving average is C$5.32. The company has a current ratio of 1.71, a quick ratio of 0.54 and a debt-to-equity ratio of 144.96. The stock has a market cap of C$574.63 million and a P/E ratio of 17.35.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 13th. Stockholders of record on Wednesday, March 31st will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 6.49%. The ex-dividend date of this dividend is Tuesday, March 30th. Rogers Sugar’s dividend payout ratio (DPR) is presently 112.15%.
Rogers Sugar Company Profile (TSE:RSI)
Rogers Sugar Inc, through its subsidiary, Lantic Inc, engages in refining, packaging, and marketing sugar and maple products. The company operates through two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.
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