Royal Mail shares<\/a>.<\/div><\/div>\nAbout Saga Shares<\/h2>\nCompany and Share History<\/h3>\n Saga was founded in 1951 by Sidney de Haan who had the vision to create a travel company from a hotel in Folkestone, Kent. The initial service offered by Saga was off-peak low-budget holidays to retired people. But throughout the years, the company expanded its products and services and nowadays operates in three divisions: travel, insurance, and emerging businesses.<\/p>\n
The company offers packages of a motor, home, travel, pet, Private Medical Insurance (\u2018PMI\u2019), and many more. Saga also offers clients a wide range of holiday experiences with a focus on Saga cruises and built-in vacation packages. Lastly, the company has recently developed a new division called Emerging Businesses division which comprises Personal Finance and domiciliary Healthcare services.<\/p>\n
In addition, Saga distributes a subscription magazine called the Saga Magazine, which has an estimated circulation of 627,000. The Saga magazine has been said to be the \u201cUnited Kingdom\u2019s biggest selling monthly subscription title\u201d.<\/p>\n
As of 2019, Saga has 4,120 employees and 2.7 million customers. The company went public in 2014 and is listed on the London Stock Exchange (LSE) under the ticker symbol SAGA.L. Saga has a total market capitalization of $231.581M.<\/p>\n
Saga Share Price History and Performance\u00a0<\/h3>\n Saga plc shares trade on the London Stock Exchange since the 23 of May 2014. The share price of Saga reached its all-time high of \u00a3$225.30 back in September 2019, but overall, the stock has been in a downtrend since its IPO, and currently trades at \u00a320.64, a bit higher than the all-time low of \u00a314.50.<\/p>\n
The saga share price was highly affected by the coronavirus pandemic outbreak early on this year as the company\u2019s main income derives from traveling and tourism. So far in 2020, the company\u2019s Year-To-Date (YTD) return is -61.74% and its one-year return is -44%.<\/p>\n
How to Buy Saga Shares\u00a0<\/h2>\n If you do want to buy Saga shares, we\u2019re now going to walk you through the process of doing so.<\/p>\n
If you choose to buy Saga shares on a different platform, the process will remain similar.<\/p>\n
Step 1: Search for Saga Shares<\/h3>\n First, you\u2019ll have to visit the platform and sign up for a free trading account. Then, fill in your personal detail, submit the necessary documentation that verifies your identity, and deposit funds through one of the provided methods.<\/p>\n
Once your account has been approved and the funds are visible in your account balance, simply navigate to the search bar at the top of the screen and click \u2018Saga\u2019.<\/p>\n
Step 2: Click on \u2018Trade\u2019<\/h3>\n You will be immediately transferred to the Saga share page where you can analyze the stock and place a buying order. Whenever you are ready to buy Saga shares, click on \u2018Trade\u2019 to open a new order.<\/p>\n
Step 3: Buy Saga Shares<\/h3>\n Finally, you can set an order and send it to the markets. There are several things you\u2019ll need to set before entering a buying trade. Those include the amount of the trade, in addition to the leverage ratio, the type of order (market or limit order), and a stop-loss rate if you\u2019re trading CFDs. When you are confident with the parameters, click on the \u2018Open Trade\u2019 button.<\/p>\n
Conclusion\u00a0<\/h2>\n Saga plc is not only a diversified company but also a company that offers an essential service for its main target audience of those aged 50 and above. This company has been operating since 1951 and has developed a wide range of products and services that include insurance products, package tours & cruise holiday, personal finance, and many more.<\/p>\n
True, the company is facing some major challenges, reflected by the drop in its share price. According to MarketBeat, the consensus price target is \u00a340.33 and the Financial Time has a median share price forecast of \u00a347.50, at the time of writing. That is an increase of 130.1%.<\/p>\n
FAQs<\/h2>\n <\/time><\/time>