Saga Communications, Inc. (NYSEAMERICAN:SGA) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $29.07. Saga Communications shares last traded at $28.90, with a volume of 672 shares.
Saga Communications (NYSEAMERICAN:SGA) last issued its earnings results on Tuesday, August 6th. The company reported $0.80 earnings per share for the quarter. The firm had revenue of $32.19 million during the quarter.
In other news, major shareholder Towerview Llc bought 3,605 shares of the business’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were acquired at an average cost of $28.08 per share, with a total value of $101,228.40. Following the transaction, the insider now owns 1,170,000 shares of the company’s stock, valued at approximately $32,853,600. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.
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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