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

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

SAA stock opened at GBX 87 ($1.14) on Thursday. The stock has a market capitalization of $81.01 million and a P/E ratio of 5.27. The firm has a 50-day simple moving average of GBX 110.15 and a 200-day simple moving average of GBX 169.98. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 106.95. M&C Saatchi has a 52 week low of GBX 69.40 ($0.91) and a 52 week high of GBX 405 ($5.33).

In related news, insider Jeremy T. Sinclair bought 415,323 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was acquired at an average price of GBX 80 ($1.05) per share, with a total value of £332,258.40 ($437,067.09).

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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