Saga (LON:SAGA) Trading 9% Higher - Here's What Happened

Saga plc (LON:SAGA - Get Free Report) traded up 9% during mid-day trading on Friday . The company traded as high as GBX 151 ($1.98) and last traded at GBX 136.28 ($1.78). 4,640,831 shares were traded during trading, an increase of 1,236% from the average session volume of 347,437 shares. The stock had previously closed at GBX 125 ($1.64).Wall Street Analyst Weigh InSeparately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 154 ($2.02) price target on shares of Saga in a research report on Monday, June 24th.Check Out Our Latest Analysis on SAGASaga Price PerformanceThe stock has a market capitalization of £194.74 million, a PE ratio of -154.32, a P/E/G 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. The stock's fifty day moving average is GBX 107.23 and its 200-day moving average is GBX 113.56. About Saga (Get Free Report)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.Featured StoriesFive stocks we like better than SagaWhat Investors Must Know About Over-the-Counter (OTC) StocksMercadoLibre Targets Double-Digit Upside with Argentina BoomHow to Invest in Small Cap Stocks Domino’s Pizza Stock Delivers: A Hot Buy for Growth InvestorsConference Calls and Individual Investors3 Small-Cap Stocks Ready to Deliver Significant GrowthThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Bill Gates’s Next Big AI Bet: Stargate (From Brownstone Research) (Ad)Should you invest $1,000 in Saga right now?Before you consider Saga, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Saga wasn't on the list.While Saga currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here