M&C Saatchi (LON:SAA) Stock Price Passes Below 200-Day Moving Average - Should You Sell?

M&C Saatchi plc (LON:SAA - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 200.45 ($2.54) and traded as low as GBX 191.50 ($2.42). M&C Saatchi shares last traded at GBX 192 ($2.43), with a volume of 39,947 shares traded.

M&C Saatchi Price Performance

The business has a fifty day moving average of GBX 194.73 and a 200 day moving average of GBX 200.45. The company has a debt-to-equity ratio of 187.32, a current ratio of 1.07 and a quick ratio of 0.93. The stock has a market cap of £236.11 million, a PE ratio of 2,133.33 and a beta of 1.27.

Insider Transactions at M&C Saatchi

In other news, insider Zaid Al-Qassab acquired 53,541 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of GBX 187 ($2.37) per share, with a total value of £100,121.67 ($126,688.18). Corporate insiders own 27.48% of the company's stock.

About M&C Saatchi

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.