Saga (LON:SAGA) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Saga plc (LON:SAGA) crossed 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.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed 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, Based on data from MarketBeat.com, Saga currently 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 P/E/G ratio of 1.22 and a beta of 2.02. The company has a current ratio of 1.35, a quick ratio of 0.67 and a debt-to-equity ratio of 934.58. The stock’s 50-day moving average price is GBX 562.55 and its 200-day moving average price is GBX 483.44.

Saga (LON:SAGA) last released its earnings results on Wednesday, April 15th. The company reported GBX (2.90) earnings per share (EPS) for the quarter. The company had revenue of £660 million for the quarter. Saga had a negative net margin of 1.53% and a negative return on equity of 15.72%. On average, sell-side analysts expect that Saga plc will post 34.7826087 earnings per share 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.