M&C Saatchi (LON:SAA) Stock Price Up 1.6% – What’s Next?

M&C Saatchi plc (LON:SAA) shot up 1.6% during mid-day trading on Monday . The stock traded as high as GBX 189 ($2.38) and last traded at GBX 189 ($2.38). 19,999 shares were traded during trading, a decline of 93% from the average session volume of 281,335 shares. The stock had previously closed at GBX 186 ($2.34).

M&C Saatchi Price Performance

The firm has a market capitalization of £228.01 million, a P/E ratio of 2,072.22 and a beta of 1.27. 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 business’s 50 day moving average is GBX 194.75 and its 200-day moving average is GBX 198.92.

Insider Activity

In related news, insider Zaid Al-Qassab purchased 53,541 shares of M&C Saatchi stock in a transaction dated Friday, September 27th. The shares were bought at an average cost of GBX 187 ($2.35) per share, for a total transaction of £100,121.67 ($125,875.87). Corporate 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.