Rogers Communications Inc. (NYSE: RCI) Recovers 12.91% From 52-Week Low, Is RCI Still A High-Risk, High-Reward Play?

Rogers Communications Inc. (NYSE:RCI) currently has a daily average trading volume of 866.02K but it saw 465183 shares traded in last market. With a market cap of 21.39B USD, the company’s current market price of $40.14 came rising about 0.98 while comparing to the previous closing price of $39.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $48.19 and as low as $35.55. In the recent trading on the day, stock has struck highest price mark of $39.73 while lowest mark touched by it was $40.22.

Taking a look at 20-day trading activity of Rogers Communications Inc. (RCI) gives us an average price of $39.02, while its current price level is -16.70% below from 52-week high level whereas it is 12.91% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $38.03 while that of 200 days or SMA-200 reads an average of $41.65. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.14% during that period while stretching the period over a month that increases to 1.66%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.09 which implies that the stock is in neutral territory.

Over the week, RCI’s stock price is moving 0.83% up while it is 6.81% when we observe its performance for the past one month. Year-to-date it is -14.25% down and over the past year, the stock is showing an upside performance of 1.75%.

Currently, Rogers Communications Inc.’s total number of outstanding shares is 418.87M. Company’s return on investment (ROI) stands at 1.74% and return on equity (ROE) at 7.82%. It has a price to earnings ratio (P/E ratio) of 33.14 while having a 10.25 of forward P/E ratio. Stock’s beta reads 0.69. Stock has a price to book (P/B) ratio of 2.76 while price to sale or P/S ratio amounts to 1.42. Its return on asset (ROA) is 1.25% on average.