M&C Saatchi plc (LON:SAA - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 197.94 ($2.57) and traded as high as GBX 205.18 ($2.66). M&C Saatchi shares last traded at GBX 205 ($2.66), with a volume of 1,334,768 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a "buy" rating on shares of M&C Saatchi in a report on Friday, July 5th.
Get Our Latest Stock Analysis on M&C Saatchi
M&C Saatchi Stock Performance
The stock has a market capitalization of £250.63 million, a P/E ratio of 2,277.78 and a beta of 1.27. The company has a quick ratio of 0.93, a current ratio of 1.07 and a debt-to-equity ratio of 187.32. The stock has a 50 day simple moving average of GBX 198.37 and a two-hundred day simple moving average of GBX 198.09.
Insider Activity
In related news, insider Zaid Al-Qassab acquired 53,541 shares of the firm's stock in a transaction on Friday, September 27th. The shares were purchased at an average cost of GBX 187 ($2.43) per share, for a total transaction of £100,121.67 ($129,994.38). Insiders own 27.48% of the company's stock.
About M&C Saatchi
(
Get Free Report)
M&C Saatchi plc provides advertising and marketing communications services in the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company was founded in 1995 and is based in London, the United Kingdom.
Recommended Stories
Before you consider M&C Saatchi, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and M&C Saatchi wasn't on the list.
While M&C Saatchi currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
