Rogers Sugar (TSE:RSI) Share Price Passes Above 200 Day Moving Average of $5.54

Rogers Sugar Inc. (TSE:RSI) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$5.54 and traded as high as C$5.79. Rogers Sugar shares last traded at C$5.78, with a volume of 181,861 shares trading hands.

Rogers Sugar Stock Up 0.7 %

The firm has a market cap of C$739.38 million, a price-to-earnings ratio of 15.62 and a beta of 0.60. The stock’s 50 day moving average is C$5.63 and its 200 day moving average is C$5.54. The company has a quick ratio of 0.56, a current ratio of 1.66 and a debt-to-equity ratio of 100.31.

Rogers Sugar (TSE:RSI) last issued its quarterly earnings results on Thursday, August 8th. The company reported C$0.13 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of C$296.10 million. Analysts forecast that Rogers Sugar Inc. will post 0.5613346 EPS for the current year.

Rogers Sugar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 10th. Shareholders of record on Friday, September 27th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 6.23%. The ex-dividend date is Friday, September 27th. Rogers Sugar’s dividend payout ratio (DPR) is presently 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.