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Saga (LON:SAGA) Stock Price Passes Above Fifty Day Moving Average - What's Next?

Saga logo with Financial Services background

Key Points

  • Saga plc's stock price has risen above its 50-day moving average, currently trading at GBX 188 ($2.55), indicating a potential upward trend in its performance.
  • The company has a significant debt-to-equity ratio of 625.34, which may raise concerns about its financial leverage.
  • Saga has a market capitalization of £261.00 million and a P/E ratio of -1.76, suggesting negative earnings in the recent period.
  • Looking to export and analyze Saga data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shares of Saga plc (LON:SAGA - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 174.24 ($2.37) and traded as high as GBX 188 ($2.55). Saga shares last traded at GBX 188 ($2.55), with a volume of 66,335 shares traded.

Saga Trading Down 0.1%

The company has a current ratio of 1.33, a quick ratio of 0.67 and a debt-to-equity ratio of 625.34. The firm has a market capitalization of £261.00 million, a P/E ratio of -1.76, a P/E/G ratio of 1.22 and a beta of 2.57. The firm has a 50-day moving average of GBX 174.24 and a two-hundred day moving average of GBX 145.45.

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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