Saga (LON:SAGA) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Shares of Saga plc (LON:SAGA) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 571.46 and traded as low as GBX 522. Saga shares last traded at GBX 549, with a volume of 408,083 shares traded.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 600 target price 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 MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 600.

Saga Price Performance

The stock has a fifty day moving average of GBX 571.61 and a 200 day moving average of GBX 504.03. 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 stock has a market cap of £865.07 million, a price-to-earnings ratio of 247.92, a P/E/G ratio of 1.22 and a beta of 2.02.

Saga (LON:SAGA) last announced its quarterly earnings results on Wednesday, April 15th. The company reported GBX (2.90) earnings per share for the quarter. The company had revenue of £660 million for the quarter. Saga had a negative return on equity of 15.72% and a negative net margin of 1.53%. On average, analysts expect that Saga plc will post 34.7826087 EPS for the current fiscal year.

Saga Company Profile

Saga exists to deliver exceptional experiences for our customers every day, whilst being a driver of positive change in our markets and communities.