Rogers Communications (TSE:RCI.A) Hits New 1-Year Low – Here’s What Happened

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

Analysts Set New Price Targets

Separately, Scotiabank dropped their price target on shares of Rogers Communications from C$71.50 to C$69.00 in a research report on Thursday, November 21st.

Rogers Communications Trading Up 2.4 %

The stock has a market capitalization of C$5.40 billion, a PE ratio of 29.83, a P/E/G ratio of 0.95 and a beta of 0.62. The company’s 50 day moving average price is C$53.60 and its two-hundred day moving average price is C$55.13. The company has a debt-to-equity ratio of 436.50, a current ratio of 0.65 and a quick ratio of 0.58.

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.