Shares of Saga PLC (LON:SAGA) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $46.72 and traded as low as $42.72. Saga shares last traded at $44.58, with a volume of 2,985,524 shares.
SAGA has been the subject of several research reports. UBS Group reiterated a “neutral” rating on shares of Saga in a research note on Wednesday, January 29th. JPMorgan Chase & Co. cut their price target on Saga from GBX 60 ($0.79) to GBX 55 ($0.72) and set a “neutral” rating for the company in a research note on Tuesday, December 17th. Finally, Peel Hunt reiterated a “buy” rating on shares of Saga in a research note on Monday, February 3rd. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Saga presently has a consensus rating of “Hold” and a consensus target price of GBX 99.60 ($1.31).
The business has a fifty day moving average of GBX 46.56 and a 200-day moving average of GBX 47.67. The firm has a market cap of $500.19 million and a PE ratio of -2.44. The company has a current ratio of 1.21, a quick ratio of 0.40 and a debt-to-equity ratio of 72.23.
Saga plc engages in insurance, travel, personal finance, healthcare, retirement villages, and media businesses in the United Kingdom. The company operates in three segments: Insurance, Travel, and Emerging Businesses and Central Costs. It offers car, caravan, motorhome, breakdown cover, home, landlord, holiday home, home emergency, pet, travel, boat, health, personal accident, and life insurance, as well as accidental death benefit products.
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