Saga Communications (NYSEAMERICAN:SGA) Shares Cross Above 200 Day Moving Average of $0.00

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Saga Communications, Inc. (NYSEAMERICAN:SGA)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $20.00. Saga Communications shares last traded at $20.00, with a volume of 1,879 shares trading hands.

Saga Communications (NYSEAMERICAN:SGA) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.37) earnings per share (EPS) for the quarter. The company had revenue of $16.87 million for the quarter.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada raised its stake in shares of Saga Communications by 3.9% in the first quarter. Royal Bank of Canada now owns 15,081 shares of the company’s stock valued at $415,000 after acquiring an additional 568 shares during the period. Wells Fargo & Company MN raised its stake in shares of Saga Communications by 23.5% in the first quarter. Wells Fargo & Company MN now owns 9,878 shares of the company’s stock valued at $271,000 after acquiring an additional 1,879 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Saga Communications by 5.6% in the second quarter. Bank of New York Mellon Corp now owns 38,557 shares of the company’s stock valued at $988,000 after acquiring an additional 2,055 shares during the period. Geode Capital Management LLC raised its stake in shares of Saga Communications by 10.2% in the first quarter. Geode Capital Management LLC now owns 51,327 shares of the company’s stock valued at $1,412,000 after acquiring an additional 4,738 shares during the period. Finally, State Street Corp raised its stake in shares of Saga Communications by 10.7% in the first quarter. State Street Corp now owns 71,893 shares of the company’s stock valued at $1,999,000 after acquiring an additional 6,952 shares during the period.

Saga Communications Company Profile (NYSEAMERICAN:SGA)

Saga Communications, Inc, a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk.

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