Key Points
- Insider Louis Turenne sold 27,692 Rogers Sugar shares at an average price of C$6.71, totaling C$185,813.32. The sale reduced his position by 59.44%, leaving him with 18,896 shares.
- Rogers Sugar shares opened at C$6.75, with a market capitalization of approximately C$867.7 million and a 52-week trading range of C$5.86 to C$7.16.
- The company reported quarterly revenue of C$293.69 million and earnings of C$0.13 per share, while analysts expect full-year earnings of approximately C$0.56 per share.
Rogers Sugar Inc. (TSE:RSI - Get Free Report) insider Louis Turenne sold 27,692 shares of the stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of C$6.71, for a total value of C$185,813.32. Following the completion of the transaction, the insider owned 18,896 shares of the company's stock, valued at C$126,792.16. This trade represents a 59.44% decrease in their position.
Rogers Sugar Trading Up 0.1%
Shares of RSI opened at C$6.75 on Friday. The business's 50-day moving average price is C$6.87 and its 200 day moving average price is C$6.76. The company has a current ratio of 1.68, a quick ratio of 0.56 and a debt-to-equity ratio of 89.42. The stock has a market capitalization of C$867.67 million, a P/E ratio of 12.98 and a beta of 0.70. Rogers Sugar Inc. has a 1-year low of C$5.86 and a 1-year high of C$7.16.
Rogers Sugar (TSE:RSI - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported C$0.13 EPS for the quarter. Rogers Sugar had a net margin of 5.48% and a return on equity of 14.14%. The company had revenue of C$293.69 million during the quarter. Analysts expect that Rogers Sugar Inc. will post 0.5597668 earnings per share for the current year.
About Rogers Sugar
(
Get Free Report)
Rogers is a corporation established under the laws of Canada. The Corporation holds all of the common shares of Lantic and its administrative office is in Montréal, Québec. Lantic operates cane sugar refineries in Montréal, Québec, and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta. Lantic also operates a distribution center in Toronto, Ontario. Lantic's sugar products are mainly marketed under the 'Lantic' trademark in Eastern Canada, and the 'Rogers' trademark in Western Canada and include granulated, icing, cube, yellow and brown sugars, liquid sugars, and specialty syrups.
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