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

Saga logo with Financial Services background

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 127.52 ($1.69) and traded as high as GBX 133.40 ($1.77). Saga shares last traded at GBX 133.40 ($1.77), with a volume of 141,016 shares traded.

Saga Price Performance

The firm has a market cap of £185.40 million, a P/E ratio of -1.25, a PEG ratio of 1.22 and a beta of 2.57. The company has a debt-to-equity ratio of 625.34, a current ratio of 1.33 and a quick ratio of 0.67. The stock's 50-day simple moving average is GBX 127.52 and its two-hundred day simple moving average is GBX 122.48.

Saga (LON:SAGA - Get Free Report) last posted its quarterly earnings data on Wednesday, April 9th. The company reported GBX 23.20 ($0.31) earnings per share for the quarter. Saga had a negative net margin of 18.42% and a negative return on equity of 87.14%. Equities research analysts forecast that Saga plc will post 34.7826087 earnings per share for the current fiscal year.

About Saga

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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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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