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Saga (LON:SAGA) Share Price Crosses Above Fifty Day Moving Average - Here's What Happened

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.
  • Five stocks to consider instead of Saga.

Shares of Saga plc (LON:SAGA - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 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 trading hands.

Saga Price Performance

The company's 50 day moving average price is GBX 172 and its 200-day moving average price is GBX 144.18. The stock has a market cap of £258.50 million, a P/E ratio of -1.74, a P/E/G ratio of 1.22 and a beta of 2.57. The company has a quick ratio of 0.67, a current ratio of 1.33 and a debt-to-equity ratio of 625.34.

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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