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Saga (LON:SAGA) Stock Price Down 14% - What's Next?

Saga logo with Financial Services background
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Key Points

  • Saga shares fell 14% on Thursday, trading as low as GBX 435.52 and last at GBX 437.75 versus the prior close of GBX 509, with volume up about 54% to 2,046,793 shares, signaling heavy selling pressure.
  • Fundamentals and technicals raise caution: market cap £659.3m, negative P/E (-10.43) and an extremely high debt-to-equity ratio (1,149.32); the stock is below its 50‑day SMA (GBX 488.22) but above its 200‑day SMA (GBX 347.64), indicating short-term weakness within a longer-term range.
  • MarketBeat previews top five stocks to own in May.

Saga plc (LON:SAGA - Get Free Report) shares dropped 14% on Thursday . The company traded as low as GBX 435.52 and last traded at GBX 437.75. Approximately 2,046,793 shares traded hands during mid-day trading, an increase of 54% from the average daily volume of 1,331,631 shares. The stock had previously closed at GBX 509.

Saga Price Performance

The company has a market cap of £659.31 million, a price-to-earnings ratio of -10.43, a PEG ratio of 1.22 and a beta of 2.03. The company has a 50-day simple moving average of GBX 488.22 and a 200-day simple moving average of GBX 347.64. The company has a debt-to-equity ratio of 1,149.32, a quick ratio of 0.67 and a current ratio of 1.16.

About Saga

(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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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