Rogers Communications (TSE:RCI.A) Sets New 12-Month Low – Should You Sell?

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

Analysts Set New Price Targets

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

Rogers Communications Trading Up 2.4 %

The firm has a market cap of C$5.40 billion, a P/E ratio of 29.83, a P/E/G ratio of 0.95 and a beta of 0.62. The company’s 50 day simple moving average is C$53.60 and its 200-day simple moving average is C$55.13. The company has a quick ratio of 0.58, a current ratio of 0.65 and a debt-to-equity ratio of 436.50.

About Rogers Communications

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.