Canadian stock alert

CANA

CLOSING UPDATE: Rogers Communications Class B keeps rising: up 7.2% in 7 days 24 July 2017 18:21 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's Canadian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Rogers Communications Class B, Canada's 2nd largest communication services company by market capitalisation, extended its gains on Monday, rising an additional 16.0c (or 0.2%) to trade at CAD66.05. Trading volume was 58% of average at the end of the day. The shares have risen CAD4.43 (or 7.2%) over the past seven trading days vs. the S&P/TSX 60 Index which has fallen 0.03% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 0.74 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 84% of the Canadian market over the past 6 months.

+ In the last one month the stock has hit a new 52-week high four times, pointing to an uptrend.

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.9. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 8.8% in the last 3 years. This is better than the sector average of 4.9% and suggests a high margin of safety.

Note

Bearish Signals:

As per the Du Pont analysis, Return on Equity of 15.8% is lower than sector average of 15.9%.

Overbought/Bearish:

The 0.4% discount to 12-month high of CAD66.32 against the 31.7% premium to 12-month low of CAD50.15 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price/Sales of 1.9 [0.3]

Dividend yield of 2.9% [4.2%]

Return on Assets 2.9% [5.6%]

Return on Capital Employed 8.3% [12.0%]

TODAY'S ALERTS

Afternoon Alert: Rogers Communications Class B keeps rising: up 7.2% in 7 days

24 July 2017 14:52 EDT

Rogers Communications Inc. (TSX:RCI.B) extended its gains on Monday, rising an additional 17.0c (or 0.3%) to trade at CAD66.06. Trading volume was 60% of average so far today. The shares have risen CAD4.44 (or 7.2%) over the past seven trading days vs. the S&P/TSX 60 Index which has risen 0.04% in the same period.

Afternoon Alert: Rogers Communications Class B keeps rising: up 6.9% in 7 days

24 July 2017 12:20 EDT

Rogers Communications Inc. (TSX:RCI.B) extended its gains on Monday, rising an additional 1.0c (or 0.02%) to trade at CAD65.90. Trading volume was 45% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Rogers Communications Class B keeps rising: up 6.9% in 6 days

21 July 2017 18:19 EDT

Rogers Communications Class B, Canada's 3rd largest communication services company by market capitalisation, extended its gains on Friday, rising an additional CAD1.01 (or 1.6%) to trade at CAD65.89. Trading volume was 88% of average at the end of the day. The shares have risen CAD4.27 (or 6.9%) over the past six trading days vs. the S&P/TSX 60 Index which has risen 0.4% in the same period.

Afternoon Alert: Rogers Communications Class B keeps rising: up 6.2% in 6 days

21 July 2017 14:51 EDT

Rogers Communications Inc. (TSX:RCI.B) extended its gains on Friday, rising an additional 59.0c (or 0.9%) to trade at CAD65.47. The shares have risen CAD3.85 (or 6.2%) over the past six trading days vs. the S&P/TSX 60 Index which has risen 0.3% in the same period.

Rogers Communications Inc. (T:RCI.B; TSE:RCI.B; N:RCI.B; CN:RCI.B)

ISIN: CA7751092007

PermID: 4295861317

CIK: Rogers Communications Inc.

Source: www.BuySellSignals.com