Rogers Sugar Inc (TSE:RSI) insider Rogers Sugar Inc bought 28,403 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were purchased at an average cost of C$4.15 per share, with a total value of C$117,773.04. Following the acquisition, the insider now directly owns 170,418 shares of the company’s stock, valued at C$706,638.24.
Rogers Sugar stock opened at C$4.42 on Friday. The company has a quick ratio of 0.68, a current ratio of 1.93 and a debt-to-equity ratio of 121.56. Rogers Sugar Inc has a 52 week low of C$3.85 and a 52 week high of C$6.17. The company has a market capitalization of $441.09 million and a price-to-earnings ratio of -78.93. The stock has a 50-day moving average price of C$4.83 and a 200 day moving average price of C$5.05.
Rogers Sugar (TSE:RSI) last released its earnings results on Tuesday, February 11th. The company reported C$0.13 EPS for the quarter. The firm had revenue of C$209.32 million for the quarter. Research analysts anticipate that Rogers Sugar Inc will post 0.41 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 21st will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 8.14%. The ex-dividend date is Thursday, March 26th. Rogers Sugar’s payout ratio is presently -642.86%.
A number of equities research analysts recently commented on RSI shares. National Bank Financial decreased their target price on Rogers Sugar from C$4.50 to C$3.75 and set an “underperform” rating for the company in a report on Tuesday. TD Securities lifted their target price on Rogers Sugar from C$4.75 to C$5.00 and gave the stock a “hold” rating in a report on Thursday, February 13th.
About Rogers Sugar
Rogers Sugar Inc, through its subsidiary, Lantic Inc, engages in refining, packaging, and marketing sugar and maple products. It offers granulated, plantation raw, brown, organic, icing, maple, stevia, smart sweetener blend, and coconut sugar, as well as syrups, jam and jelly mixes, iced tea mixes, and hot chocolate mixes.
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