Saga (LON:SAGA) Stock Price Down 14% – Here’s Why

Saga plc (LON:SAGAGet Free Report) dropped 14% during trading on Thursday . The stock traded as low as GBX 435.52 and last traded at GBX 437.75. Approximately 2,046,793 shares were traded during trading, an increase of 54% from the average daily volume of 1,331,631 shares. The stock had previously closed at GBX 509.

Saga Stock Performance

The stock’s 50 day moving average price is GBX 488.22 and its two-hundred day moving average price is GBX 347.64. The company has a current ratio of 1.16, a quick ratio of 0.67 and a debt-to-equity ratio of 1,149.32. The firm has a market capitalization of £659.31 million, a price-to-earnings ratio of -10.43, a PEG ratio of 1.22 and a beta of 2.03.

About Saga

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

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