Investors Are Waking Up To Rogers Communications Inc (NYSE: RCI) After Losing -31.89% Over The Past 12 Months

money audit

Rogers Communications Inc (NYSE:RCI) currently has a daily average trading volume of 1.05M but it saw 2497930 shares traded in last market. With a market cap of 16.44B USD, the company’s current market price of $30.76 came falling about -2.87 while comparing to the previous closing price of $31.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $48.19 and as low as $31.40. In the recent trading on the day, stock has struck highest price mark of $30.73 while lowest mark touched by it was $31.67.

Taking a look at 20-day trading activity of Rogers Communications Inc (RCI) gives us an average price of $34.61, while its current price level is -36.17% below from 52-week high level whereas it is -2.04% 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 $36.18 while that of 200 days or SMA-200 reads an average of $38.58. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.36% during that period while stretching the period over a month that decreases to 1.86%. 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 14.73 which implies that the stock is in oversold territory.

Over the week, RCI’s stock price is moving -10.06% down while it is -13.86% when we observe its performance for the past one month. Year-to-date it is -34.29% down and over the past year, the stock is showing a downside performance of -31.89%.

Currently, Rogers Communications Inc’s total number of outstanding shares is 423.32M. Company’s return on investment (ROI) stands at 2.92% and return on equity (ROE) at 13.42%. It has a price to earnings ratio (P/E ratio) of 14.86 while having a 8.32 of forward P/E ratio. Stock’s beta reads 0.69. Stock has a price to book (P/B) ratio of 1.97 while price to sale or P/S ratio amounts to 1.09. Its return on asset (ROA) is 2.11% on average.