Rogers Sugar (TSE:RSI) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Rogers Sugar Inc. (TSE:RSI)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$5.62 and traded as high as C$5.66. Rogers Sugar shares last traded at C$5.65, with a volume of 231,519 shares changing hands.

Rogers Sugar Trading Up 0.9%

The stock’s 50-day simple moving average is C$5.63 and its two-hundred day simple moving average is C$5.62. 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 capitalization of C$720.92 million, a P/E ratio of 12.93 and a beta of 0.60.

Rogers Sugar Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 16th. Investors of record on Wednesday, July 16th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 6.37%. The ex-dividend date of this dividend is Friday, June 27th. Rogers Sugar’s dividend payout ratio is currently 82.41%.

Rogers Sugar Company Profile

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.