Saga (LON:SAGA) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Shares of Saga plc (LON:SAGA) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 338.14 and traded as high as GBX 413.50. Saga shares last traded at GBX 403, with a volume of 662,018 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft raised their target price on Saga from GBX 185 to GBX 285 and gave the stock a “buy” rating in a report on Wednesday, September 24th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 285.

Saga Stock Performance

The company has a quick ratio of 0.67, a current ratio of 1.33 and a debt-to-equity ratio of 625.34. The business has a 50 day moving average price of GBX 344.32 and a two-hundred day moving average price of GBX 265.41. The stock has a market cap of £590.22 million, a P/E ratio of -9.34, a price-to-earnings-growth ratio of 1.22 and a beta of 2.57.

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.