SGA Stock Summary and Trading Ideas (Saga Communications - Class A | NASDAQ:SGA)

Saga Communications Inc is a broadcast company engaged in acquiring, developing, and operating broadcast properties. The company's objective is to operate top billing radio stations in mid-sized markets and It derives a majority of its revenue from the sale of advertising for broadcast on its stations.

Saga Communications - Class A trades on the NASDAQ stock market under the symbol SGA.

As of December 13, 2024, SGA stock price climbed to $12.73 with 27,714 million shares trading.

SGA has a market cap of $79.73 million. This is considered a Micro Cap stock.

Last quarter Saga Communications - Class A reported $28 million in Revenue and $.20 earnings per share. This fell short of revenue expectation by $-582,000 and exceeded earnings estimates by $.07.

In the last 3 years, SGA traded as high as $29.75 and as low as $11.65.

The top ETF exchange traded funds that SGA belongs to (by Net Assets): VTI, VXF, DFAT, BSVO, DFSV.

SGA has underperformed the market in the last year with a price return of -22.2% while the SPY ETF gained +31.7%. SGA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -9.6% and -1.9%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

SGA support price is $11.92 and resistance is $12.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SGA shares will trade within this expected range on the day.