M&C Saatchi (LON:SAA) Stock Price Down 0.8% – Time to Sell?

Shares of M&C Saatchi plc (LON:SAA) traded down 0.8% on Monday. The company traded as low as GBX 117 and last traded at GBX 118. Approximately 28,149 shares traded hands during trading, a decline of 86% from the average session volume of 207,464 shares. The stock had previously closed at GBX 119.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reduced their price target on M&C Saatchi from GBX 195 to GBX 175 and set a “buy” rating on the stock in a report on Tuesday, September 22nd. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 163.50.

M&C Saatchi Stock Performance

The firm has a fifty day moving average price of GBX 125.94 and a 200 day moving average price of GBX 130.67. The company has a debt-to-equity ratio of 185.24, a quick ratio of 0.93 and a current ratio of 1.12. The stock has a market cap of £141.47 million, a PE ratio of -14.17 and a beta of 0.55.

M&C Saatchi (LON:SAA) last released its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (3.52) EPS for the quarter. M&C Saatchi had a negative net margin of 3.00% and a negative return on equity of 32.44%.

M&C Saatchi Company Profile

We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.