Saga Communications (NASDAQ:SGA – Get Rating) was upgraded by stock analysts at TheStreet from a “c+” rating to a “b-” rating in a note issued to investors on Wednesday, TheStreetRatingsTable reports.
Saga Communications stock opened at $22.78 on Wednesday. The company has a market capitalization of $137.82 million, a PE ratio of 12.31 and a beta of 0.72. The firm has a fifty day simple moving average of $22.77 and a two-hundred day simple moving average of $23.36. Saga Communications has a twelve month low of $20.05 and a twelve month high of $28.58.
Saga Communications (NASDAQ:SGA – Get Rating) last posted its quarterly earnings results on Thursday, March 10th. The company reported $0.60 earnings per share for the quarter. The business had revenue of $29.15 million during the quarter. Saga Communications had a net margin of 10.30% and a return on equity of 5.72%.
About Saga Communications (Get Rating)
Saga Communications, Inc operates as a broadcasting company, which engages in the acquisition, development, and operation of broadcast properties. The company was founded by Edward K. Christian in 1986 and is headquartered in Grosse Pointe Farms, MI.
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