Saga (LON:SAGA) Shares Pass Above 50-Day Moving Average - Time to Sell?

Key Points

• Saga shares crossed above their 50‑day moving average, trading as high as GBX 601 and last at GBX 587.78 versus a 50‑day average of GBX 532.51; Deutsche Bank reissued a Buy with a GBX 600 target and the consensus target is GBX 600.
• Fundamental risks remain: the company reported quarterly EPS of GBX (2.90), has a negative ROE (15.72%) and net margin (1.53%), an extremely high debt‑to‑equity ratio (934.58), and a negative P/E of -13.39, signaling profitability and leverage concerns despite the technical breakout.

Shares of Saga plc (LON:SAGA - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 532.51 and traded as high as GBX 601. Saga shares last traded at GBX 587.78, with a volume of 124,291 shares changing hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set 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 data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 600.

Saga Price Performance

The company has a 50-day moving average price of GBX 532.51 and a two-hundred day moving average price of GBX 422.73. 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 £846.13 million, a PE ratio of -13.39, a P/E/G ratio of 1.22 and a beta of 1.96.

Saga (LON:SAGA - Get Free Report) last issued its earnings results on Wednesday, April 15th. The company reported GBX (2.90) earnings per share for the quarter. Saga had a negative return on equity of 15.72% and a negative net margin of 1.53%.The company had revenue of £660 million during the quarter. Sell-side analysts expect that Saga plc will post 34.7826087 earnings per share for the current fiscal 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.

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