Rogers Sugar (TSE:RSI) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Rogers Sugar Inc. (TSE:RSI) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$5.61 and traded as high as C$5.66. Rogers Sugar shares last traded at C$5.58, with a volume of 221,633 shares changing hands.

Rogers Sugar Stock Up 0.5 %

The company has a debt-to-equity ratio of 100.31, a current ratio of 1.66 and a quick ratio of 0.56. The firm’s 50-day moving average price is C$5.66 and its 200 day moving average price is C$5.62. The firm has a market capitalization of C$720.19 million, a price-to-earnings ratio of 15.14 and a beta of 0.60.

Rogers Sugar (TSE:RSI) last posted its earnings results on Thursday, August 8th. The company reported C$0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.09 by C$0.04. The firm had revenue of C$309.09 million for the quarter, compared to analyst estimates of C$296.10 million. Rogers Sugar had a return on equity of 13.23% and a net margin of 3.90%. Sell-side analysts expect that Rogers Sugar Inc. will post 0.5597668 EPS for the current year.

Rogers Sugar Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Friday, September 27th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date was Friday, September 27th. Rogers Sugar’s dividend payout ratio 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.