Rogers Communications Inc (NYSE: RCI) on Friday, plunged -5.01% from the previous trading day, before settling in for the closing price of $30.53. Within the past 52 weeks, RCI’s price has moved between $29.91 and $48.19.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 6.53%. The company achieved an average annual earnings per share of 1.22%. With a float of $377.62 million, this company’s outstanding shares have now reached $423.32 million.
Let’s determine the extent of company efficiency that accounts for 26000 employees. In terms of profitability, gross margin is 46.01%, operating margin of 22.95%, and the pretax margin is 10.32%.
Rogers Communications Inc (RCI) Breakdown of a Key Holders of the stock
Observing investor behavior towards Telecom Services industry stocks is more important than anything else. The insider ownership of Rogers Communications Inc is 29.35%, while institutional ownership is 49.36%.
Rogers Communications Inc (RCI) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.90% during the next five years compared to -17.17% drop over the previous five years of trading.
Rogers Communications Inc (NYSE: RCI) Trading Performance Indicators
Rogers Communications Inc (RCI) is currently performing well based on its current performance indicators. A quick ratio of 0.64 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03. Likewise, its price to free cash flow for the trailing twelve months is 11.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.07, a number that is poised to hit 0.96 in the next quarter and is forecasted to reach 3.60 in one year’s time.
Technical Analysis of Rogers Communications Inc (RCI)
Looking closely at Rogers Communications Inc (NYSE: RCI), its last 5-days average volume was 1.09 million, which is a jump from its year-to-date volume of 1.01 million. As of the previous 9 days, the stock’s Stochastic %D was 31.20%. Additionally, its Average True Range was 0.72.
During the past 100 days, Rogers Communications Inc’s (RCI) raw stochastic average was set at 0.35%, which indicates a significant decrease from 1.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.54% in the past 14 days, which was higher than the 20.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.98, while its 200-day Moving Average is $37.71. However, in the short run, Rogers Communications Inc’s stock first resistance to watch stands at $29.75. Second resistance stands at $30.50. The third major resistance level sits at $30.89. If the price goes on to break the first support level at $28.60, it is likely to go to the next support level at $28.21. Now, if the price goes above the second support level, the third support stands at $27.46.
Rogers Communications Inc (NYSE: RCI) Key Stats
Market capitalization of the company is 15.50 billion based on 534,468K outstanding shares. Right now, sales total 14,303 M and income totals 628,940 K. The company made 3,760 M in profit during its latest quarter, and 385,560 K in sales during its previous quarter.
