Saga (LON:SAGA) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Saga plc (LON:SAGA) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 131.49 ($1.76) and traded as high as GBX 142.80 ($1.91). Saga shares last traded at GBX 141 ($1.89), with a volume of 220,442 shares.

Saga Stock Performance

The company has a market capitalization of £197.77 million, a price-to-earnings ratio of -1.33, a price-to-earnings-growth ratio of 1.22 and a beta of 2.57. 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 stock’s fifty day simple moving average is GBX 131.92 and its 200-day simple moving average is GBX 123.77.

Saga (LON:SAGA) last posted its quarterly earnings data on Wednesday, April 9th. The company reported GBX 23.20 ($0.31) earnings per share for the quarter. Saga had a negative return on equity of 87.14% and a negative net margin of 18.42%. Analysts predict that Saga plc will post 34.7826087 EPS for the current year.

About Saga

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