Saga Communications Inc. Cl A (SGA) Jumps 6.42% on January 14

Equities Staff |

Saga Communications Inc. Cl A (SGA) was among the biggest gainers on the Russell 2000 for Thursday January 14 as the stock popped 6.42% to $39.38, representing a gain of $2.375 per share. Some 6,525 shares traded hands on 78 trades, compared with an average daily volume of 7,623 shares out of a total float of 5.81 million. The stock opened at $37.70 and traded with an intraday range of $39.38 to $36.99.

After today's gains, Saga Communications Inc. Cl A reached a market cap of $228.83 million. Saga Communications Inc. Cl A has had a trading range between $48.09 and $33.53 over the last year, and it had a 50-day SMA of $41.30 and a 200-day SMA of $38.65.

The stock has a P/E Ratio of 15.8.

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.

Saga Communications Inc. Cl A is based out of Grosse Pointe Farm, MI and has some 1,086 employees. Its CEO is 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.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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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