M&C Saatchi (LON:SAA) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of M&C Saatchi plc (LON:SAA) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 177.81 ($2.37) and traded as low as GBX 158.50 ($2.11). M&C Saatchi shares last traded at GBX 160 ($2.13), with a volume of 324,992 shares trading hands.

M&C Saatchi Stock Up 0.5%

The firm has a market capitalization of £198.81 million, a PE ratio of 18.12 and a beta of 1.27. The firm’s 50 day moving average price is GBX 164.27 and its two-hundred day moving average price is GBX 177.81. The company has a quick ratio of 0.93, a current ratio of 1.07 and a debt-to-equity ratio of 71.51.

M&C Saatchi (LON:SAA) last posted its quarterly earnings data on Thursday, March 27th. The company reported GBX 9.63 ($0.13) EPS for the quarter. M&C Saatchi had a net margin of 2.43% and a return on equity of 34.45%.

M&C Saatchi Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Thursday, May 8th will be paid a dividend of GBX 1.95 ($0.03) per share. This represents a yield of 1.18%. This is an increase from M&C Saatchi’s previous dividend of $1.60. The ex-dividend date is Thursday, May 8th. M&C Saatchi’s dividend payout ratio is 33.79%.

About M&C Saatchi

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.