Rogers Communications Inc (NYSE: RCI) is -34.52% lower on its value in year-to-date trading and has touched a low of $30.19 and a high of $48.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RCI stock was last observed hovering at around $30.49 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $30.65, the stock is -8.20% and -13.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.72 million and changing 0.52% at the moment leaves the stock -19.84% off its SMA200. RCI registered -34.27% loss for a year compared to 6-month loss of -16.62%. The firm has a 50-day simple moving average (SMA 50) of $35.5692 and a 200-day simple moving average (SMA200) of $38.30285.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -14.58% gain in the last 1 month and extending the period to 3 months gives it a -23.53%, and is -0.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.74% over the week and 1.95% over the month.
Rogers Communications Inc (RCI) has around 26000 employees, a market worth around $16.38B and $15.03B in sales. Current P/E ratio is 14.81 and Fwd P/E is 8.29. Profit margin for the company is 7.35%. Distance from 52-week low is 1.52% and -36.40% from its 52-week high. The company has generated returns on investments over the last 12 months (2.92%).
The EPS is expected to grow by 3.25% this year
501.0 institutions hold shares in Rogers Communications Inc (RCI), with institutional investors hold 69.22% of the company’s shares. The shares outstanding are 423.32M, and float is at 377.63M with Short Float at 1.10%. Institutions hold 61.46% of the Float.
The top institutional shareholder in the company is FIL LTD with over 32.18 million shares valued at $1.19 billion. The investor’s holdings represent 6.0605 of the RCI Shares outstanding. As of 2024-06-30, the second largest holder is ROYAL BANK OF CANADA with 24.95 million shares valued at $922.77 million to account for 4.6993 of the shares outstanding. The other top investors are BANK OF MONTREAL /CAN/ which holds 23.77 million shares representing 4.4757 and valued at over $936.29 million, while BEUTEL, GOODMAN & CO LTD. holds 2.4645 of the shares totaling 13.09 million with a market value of $483.93 million.
