Saga Communications Inc. Cl A (SGA) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Saga Communications Inc. Cl A (SGA) experienced unusually high volume on Dec. 21, as the stock lost 1.86% to a closing price of $40.70. The stock saw 20,121 shares trade hands over the course of the day on 141 trades. Given that the stock’s average daily volume over the last month has been 7,572 shares a day, this represents a pretty substantial spike over the norm.

Saga Communications Inc. Cl A has a P/B ratio of 1.94. It also has a P/E ratio of 16.9. The stock has traded between $48.09 and $33.53 over the last 52-weeks, its 50-day SMA is now $41.94, and its 200-day SMA $38.88.

Saga Communications Inc is a broadcast company mainly engaged in acquiring, developing and operating broadcast properties. The Company operates in two segments: Radio and Television.

Headquartered in Grosse Pointe Farm, MI, Saga Communications Inc. Cl A has 1,086 employees and is currently under the leadership of CEO Edward K. Christian.

For a complete fundamental analysis analysis of Saga Communications Inc. Cl A, check out Equities.com’s Stock Valuation Analysis report for SGA. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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