M&C Saatchi (LON:SAA) Share Price Passes Below 200-Day Moving Average of $279.14

M&C Saatchi Plc (LON:SAA) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $279.14 and traded as low as $161.50. M&C Saatchi shares last traded at $162.00, with a volume of 37,017 shares changing hands.

Separately, Peel Hunt reiterated a “hold” rating on shares of M&C Saatchi in a research note on Tuesday, October 8th.

The company has a market cap of $155.45 million and a PE ratio of 10.06. The business’s 50 day moving average price is GBX 166.06 and its 200-day moving average price is GBX 275.99. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 106.95.

The company also recently disclosed a dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, October 24th were paid a dividend of GBX 2.45 ($0.03) per share. The ex-dividend date of this dividend was Thursday, October 24th. This represents a dividend yield of 1.63%. M&C Saatchi’s dividend payout ratio is currently 0.67%.

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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