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M&C Saatchi (LON:SAA) Stock Price Up 1.6% - Still a Buy?

M&C Saatchi logo with Communication Services background

M&C Saatchi plc (LON:SAA - Get Free Report) traded up 1.6% during trading on Monday . The stock traded as high as GBX 189 ($2.40) and last traded at GBX 189 ($2.40). 19,999 shares traded hands during trading, a decline of 93% from the average session volume of 281,335 shares. The stock had previously closed at GBX 186 ($2.36).

M&C Saatchi Price Performance

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 market cap of £231.07 million, a price-to-earnings ratio of 2,100.00 and a beta of 1.27. The stock's 50 day moving average price is GBX 194.68 and its two-hundred day moving average price is GBX 199.

Insider Buying and Selling

In other news, insider Zaid Al-Qassab acquired 53,541 shares of the firm's stock in a transaction on Friday, September 27th. The shares were bought at an average price of GBX 187 ($2.37) per share, for a total transaction of £100,121.67 ($127,025.72). 27.48% of the stock is owned by corporate insiders.

M&C Saatchi Company Profile

(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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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