Saga (LON:SAGA) Shares Pass Below 200 Day Moving Average of $114.53

Saga plc (LON:SAGA)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 114.53 ($1.50) and traded as low as GBX 100.80 ($1.32). Saga shares last traded at GBX 105 ($1.37), with a volume of 219,918 shares changing hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 154 ($2.01) target price on shares of Saga in a research report on Monday, June 24th.

Saga Price Performance

The company has a debt-to-equity ratio of 368.86, a quick ratio of 0.67 and a current ratio of 0.69. The stock has a market capitalization of £149.69 million, a price-to-earnings ratio of -129.63, a price-to-earnings-growth ratio of 1.22 and a beta of 2.57. The business’s 50 day simple moving average is GBX 106.61 and its 200-day simple moving average is GBX 114.53.

About Saga

Saga plc provides package and cruise holidays, general insurance, and personal finance products and services in the United Kingdom. The company operates through three segments: Cruise and Travel, Insurance, and Other Businesses and Central Costs. It offers car, home, travel, health, landlord, motorhome, caravan, and pet insurance products.