Rogers Communications (TSE:RCI.A) Reaches New 12-Month Low – What’s Next?

Rogers Communications Inc. (TSE:RCI.A) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$51.35 and last traded at C$51.35, with a volume of 1364 shares trading hands. The stock had previously closed at C$53.00.

Analysts Set New Price Targets

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

Rogers Communications Price Performance

The stock’s 50-day moving average is C$55.13 and its 200 day moving average is C$55.83. The company has a debt-to-equity ratio of 436.50, a current ratio of 0.65 and a quick ratio of 0.58. The company has a market cap of C$5.84 billion, a PE ratio of 32.52, a PEG ratio of 0.95 and a beta of 0.62.

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.