Rogers Sugar Inc. (TSE:RSI) Senior Officer Jean-Sebastien Couillard Purchases 9,400 Shares

Rogers Sugar Inc. (TSE:RSI) Senior Officer Jean-Sebastien Couillard bought 9,400 shares of the stock in a transaction dated Wednesday, February 12th. The shares were acquired at an average price of C$5.35 per share, for a total transaction of C$50,278.72.

Rogers Sugar Stock Performance

TSE:RSI opened at C$5.50 on Friday. The company has a debt-to-equity ratio of 104.41, a current ratio of 1.39 and a quick ratio of 0.56. The firm has a market cap of C$701.78 million, a price-to-earnings ratio of 12.59 and a beta of 0.60. The firm’s fifty day moving average price is C$5.82 and its 200 day moving average price is C$5.73. Rogers Sugar Inc. has a 1-year low of C$5.12 and a 1-year high of C$6.47.

Rogers Sugar Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 9th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 6.55%. The ex-dividend date was Friday, December 27th. Rogers Sugar’s payout ratio is 82.41%.

Analysts Set New Price Targets

Several research analysts have issued reports on RSI shares. BMO Capital Markets lowered their price objective on shares of Rogers Sugar from C$7.00 to C$6.50 and set a “market perform” rating on the stock in a research report on Friday, February 7th. Scotiabank lowered their price target on Rogers Sugar from C$6.25 to C$6.00 and set an “equal weight” rating on the stock in a report on Friday, February 7th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Rogers Sugar currently has an average rating of “Hold” and a consensus price target of C$6.40.

About Rogers Sugar

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.