Saga (LON:SAGA) Shares Cross Below Two Hundred Day Moving Average of $115.50

Saga plc (LON:SAGA)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 115.50 ($1.52) and traded as low as GBX 102.40 ($1.35). Saga shares last traded at GBX 107 ($1.41), with a volume of 182,763 shares.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 154 ($2.02) price target 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 current ratio of 0.69 and a quick ratio of 0.67. The company has a fifty day moving average price of GBX 107.64 and a 200 day moving average price of GBX 115.50. The company has a market capitalization of £152.25 million, a P/E ratio of -132.10, a price-to-earnings-growth ratio of 1.22 and a beta of 2.57.

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.