Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Saga Communications Inc. (NASDAQ: SGA) improved in recent days. SGA’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 11/15/24, Saga Communications Inc. (NASDAQ: SGA) stock declined slightly by -0.5%, closing at $11.90. NORMAL trading volume accompanied the decline. The stock has declined -14.4% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Saga Communications has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Saga Communications has a good Appreciation Score of 81 but a very low Power Rating of 8, with the Low Neutral Value Trend Rating the result.
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