Saga (LON:SAGA) Shares Up 12.5%

Saga plc (LON:SAGA)’s stock price traded up 12.5% during trading on Wednesday . The stock traded as high as GBX 129.60 ($1.73) and last traded at GBX 126.72 ($1.70). 2,235,191 shares traded hands during trading, an increase of 595% from the average session volume of 321,516 shares. The stock had previously closed at GBX 112.60 ($1.51).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 154 ($2.06) price target on shares of Saga in a research note on Monday, June 24th.

Saga Trading Up 11.0 %

The business’s 50-day moving average price is GBX 105.59 and its 200-day moving average price is GBX 113.26. The firm has a market capitalization of £178.20 million, a PE ratio of -154.32, a price-to-earnings-growth ratio of 1.22 and a beta of 2.57. The company has a debt-to-equity ratio of 368.86, a current ratio of 0.69 and a quick ratio of 0.67.

Saga Company Profile

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.