Saga (LON:SAGA) Shares Pass Below Fifty Day Moving Average – What’s Next?

Saga plc (LON:SAGAGet Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 571.46 and traded as low as GBX 522. Saga shares last traded at GBX 549, with a volume of 408,083 shares.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 600 price target on shares of Saga in a research report on Thursday, April 16th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 600.

Check Out Our Latest Research Report on Saga

Saga Trading Down 1.5%

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 company has a market cap of £786.56 million, a price-to-earnings ratio of 225.42, a PEG ratio of 1.22 and a beta of 2.02. The business’s 50-day simple moving average is GBX 571.46 and its 200-day simple moving average is GBX 499.95.

Saga (LON:SAGAGet Free Report) last announced its quarterly earnings results on Wednesday, April 15th. The company reported GBX (2.90) earnings per share (EPS) for the quarter. The business had revenue of £660 million during the quarter. Saga had a negative net margin of 1.53% and a negative return on equity of 15.72%. Research analysts predict that Saga plc will post 34.7826087 earnings per share for the current fiscal year.

Saga Company Profile

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Saga exists to deliver exceptional experiences for our customers every day, whilst being a driver of positive change in our markets and communities.

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