Saga (LON:SAGA) Stock Passes Above 50-Day Moving Average – Should You Sell?

Saga plc (LON:SAGA) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 562.55 and traded as high as GBX 591. Saga shares last traded at GBX 576.82, with a volume of 527,853 shares.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 600 price target on shares of Saga in a research report on Thursday, April 16th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 600.

Saga Stock Up 2.3%

The stock has a market cap of £838.64 million, a price-to-earnings ratio of 240.34, a PEG ratio of 1.22 and a beta of 2.02. The business’s 50 day moving average is GBX 562.55 and its 200-day moving average is GBX 483.44. The company has a debt-to-equity ratio of 934.58, a quick ratio of 0.67 and a current ratio of 1.35.

Saga (LON:SAGA) last posted its quarterly earnings data 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, sell-side analysts predict that Saga plc will post 34.7826087 EPS for the current fiscal 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.