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Saga (LON:SAGA) Stock Passes Above 50-Day Moving Average - Here's Why

Saga logo with Financial Services background

Key Points

  • Saga plc's shares have crossed above their fifty day moving average of GBX 168.89, indicating potential upward momentum in trading.
  • The stock is currently trading at GBX 175.80 ($2.34) with a market capitalization of £248.49 million and a notably high debt-to-equity ratio of 625.34.
  • Despite recent performance, the company's price-to-earnings ratio is at -1.67, prompting speculation regarding investment viability.
  • Want stock alerts on Saga? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Saga plc (LON:SAGA - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 168.89 ($2.27) and traded as high as GBX 176.20 ($2.37). Saga shares last traded at GBX 175.80 ($2.36), with a volume of 137,853 shares.

Saga Trading Up 1.1%

The company has a quick ratio of 0.67, a current ratio of 1.33 and a debt-to-equity ratio of 625.34. The business's fifty day simple moving average is GBX 172 and its two-hundred day simple moving average is GBX 143.98. The company has a market cap of £258.50 million, a price-to-earnings ratio of -1.74, a PEG ratio of 1.22 and a beta of 2.57.

Saga Company Profile

(Get Free Report)

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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