Saga plc (LON:SAGA – Get Rating) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 122.26 ($1.51) and traded as high as GBX 171.83 ($2.13). Saga shares last traded at GBX 168 ($2.08), with a volume of 1,039,993 shares.
Wall Street Analysts Forecast Growth
Separately, Credit Suisse Group lowered their price target on Saga from GBX 155 ($1.92) to GBX 92 ($1.14) and set a “neutral” rating on the stock in a research report on Friday, September 30th.
Saga Stock Up 7.1 %
The business has a 50-day moving average price of GBX 122.26 and a 200-day moving average price of GBX 127.81. The stock has a market cap of £252.61 million and a PE ratio of -8.36. The company has a current ratio of 1.04, a quick ratio of 0.67 and a debt-to-equity ratio of 242.45.
Saga Company Profile
Saga plc provides general insurance, package and cruise holidays, and personal finance products and services in the United Kingdom. The company operates in three segments: Insurance, Travel, and Other Businesses and Central Costs. It offers car, home, health, travel, landlord, boat, motorhome, caravan, pet, personal accident, breakdown cover, building, content, renter, holiday, and holiday home insurance.
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