From MarketBeat:

Rogers Sugar Inc.’s stock price exceeded its 200-day moving average during trading on Tuesday, reaching as high as C$5.70 and last trading at C$5.62. The company’s 50-day and 200-day simple moving averages are C$5.44 and C$5.47, respectively, and has a market cap of C$590.66 million. The company’s net margin of 4.69% and a return on equity of 17.31%.

Analysts have given the stock a “hold” rating, with an average target price of C$6.00. According to MarketBeat, four investment analysts have rated the stock. BMO Capital Markets, National Bank Financial, and Scotiabank have all adjusted their target prices on Rogers Sugar recently.

Rogers Sugar reported C$0.10 EPS for the quarter ending November 30th, with revenue of C$308.04 million. Analysts expect the company to post 0.4027085 earnings per share for the current fiscal year. The business also announced a quarterly dividend of $0.09 per share, with an ex-dividend date of December 28th. The payout ratio is currently 81.82%.

Rogers Sugar Inc. engages in refining, packaging, marketing, and distribution of sugar and maple products. The company operates in two segments, Sugar and Maple Products, offering a wide range of sugar and maple-related products. The company has a beta of 0.60, making its stock less volatile compared to the market.



Read more: Rogers Sugar (TSE:RSI) Stock Price Passes Above 200 Day Moving Average of $5.47