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

M&C Saatchi plc (LON:SAA - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 200.02 ($2.57) and traded as low as GBX 200 ($2.57). M&C Saatchi shares last traded at GBX 200 ($2.57), with a volume of 272,615 shares.

M&C Saatchi Price Performance

The stock's 50 day simple moving average is GBX 196.05 and its two-hundred day simple moving average is GBX 200.11. 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 firm has a market cap of £240.14 million, a P/E ratio of 2,222.22 and a beta of 1.27.

Insider Transactions at M&C Saatchi

In other news, insider Zaid Al-Qassab purchased 53,541 shares of the company's stock in a transaction dated Friday, September 27th. The shares were purchased at an average cost of GBX 187 ($2.41) per share, for a total transaction of £100,121.67 ($128,840.14). 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.