Stock Rating Upgrade
The Value Trend Rating for Saga Communications Inc. (NASDAQ: SGA) improved during the last several trading days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Saga Communications Inc. (NASDAQ: SGA) stock declined by -3.9% on 12/27/24. The shares closed at $11.22. Moreover, trading volume in this decline was unusually high at 181% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -5.7% during the last week.
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. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Saga Communications has a good Appreciation Score of 82 but a very low Power Rating of 9, with the Low Neutral Value Trend Rating the result.
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