Saga (LON:SAGA) Share Price Crosses Above Fifty Day Moving Average – Here’s Why
by Jessica Moore · The Cerbat GemSaga plc (LON:SAGA – Get Free Report)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 528.21 and traded as high as GBX 623. Saga shares last traded at GBX 610, with a volume of 538,233 shares.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 600 price target on shares of Saga in a report on Thursday, April 16th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Saga has an average rating of “Buy” and an average price target of GBX 600.
Get Our Latest Analysis on SAGA
Saga Stock Down 3.0%
The business has a 50 day moving average of GBX 529.01 and a 200 day moving average of GBX 413.90. The company has a debt-to-equity ratio of 934.58, a current ratio of 1.35 and a quick ratio of 0.67. The firm has a market capitalization of £851.90 million, a price-to-earnings ratio of -13.48, a price-to-earnings-growth ratio of 1.22 and a beta of 1.96.
Saga (LON:SAGA – Get Free Report) last announced its quarterly earnings results on Wednesday, April 15th. The company reported GBX (2.90) earnings per share for the quarter. Saga had a negative net margin of 1.53% and a negative return on equity of 15.72%. The company had revenue of £660 million during the quarter. On average, equities analysts anticipate that Saga plc will post 34.7826087 EPS for the current year.
About Saga
Saga exists to deliver exceptional experiences for our customers every day, whilst being a driver of positive change in our markets and communities.