M&C Saatchi Plc (LON:SAA) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $286.48 and traded as low as $167.06. M&C Saatchi shares last traded at $172.00, with a volume of 80,222 shares trading hands.
Separately, Peel Hunt reiterated a “hold” rating on shares of M&C Saatchi in a report on Tuesday, October 8th.
The company has a debt-to-equity ratio of 106.95, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market capitalization of $162.36 million and a P/E ratio of 10.42. The business’s fifty day simple moving average is GBX 165.20 and its 200-day simple moving average is GBX 285.41.
In other M&C Saatchi news, insider Mickey Kalifa purchased 27,985 shares of the stock in a transaction dated Monday, August 12th. The stock was purchased at an average price of GBX 268 ($3.50) per share, with a total value of £74,999.80 ($98,000.52).
M&C Saatchi Company Profile (LON:SAA)
M&C Saatchi plc provides advertising and marketing services worldwide. The company offers its services in the areas of media buying, direct marketing, talent management, mobile marketing, research agency, Website construction, branding and digital marketing, design, marketing strategy, finished art and production, management studio, marketing consultant, and sport sponsorship and entertainment PR agency.
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