M&C Saatchi (LON:SAA) Earns Hold Rating from Peel Hunt

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Peel Hunt reiterated their hold rating on shares of M&C Saatchi (LON:SAA) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.

LON SAA opened at GBX 215 ($2.81) on Monday. The stock has a market cap of $195.97 million and a P/E ratio of 23.63. The company’s 50-day simple moving average is GBX 321.20 and its 200 day simple moving average is GBX 353.83. M&C Saatchi has a twelve month low of GBX 210 ($2.74) and a twelve month high of GBX 405 ($5.29). The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 59.16.

In other M&C Saatchi news, insider Maurice N. Saatchi sold 770,947 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of GBX 343 ($4.48), for a total value of £2,644,348.21 ($3,455,309.30). Also, insider Mickey Kalifa purchased 27,985 shares of M&C Saatchi stock in a transaction on Monday, August 12th. The stock was purchased at an average price of GBX 268 ($3.50) per share, for a total transaction of £74,999.80 ($98,000.52).

About M&C Saatchi

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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