M&C Saatchi plc (LON:SAA) Insider Christopher Paul Sweetland Purchases 20,000 Shares

M&C Saatchi plc (LON:SAA) insider Christopher Paul Sweetland purchased 20,000 shares of the company’s stock in a transaction that occurred on Friday, April 19th. The shares were bought at an average cost of GBX 184 ($2.27) per share, with a total value of £36,800 ($45,454.55).

M&C Saatchi Price Performance

M&C Saatchi stock opened at GBX 183 ($2.26) on Wednesday. M&C Saatchi plc has a 52-week low of GBX 118.50 ($1.46) and a 52-week high of GBX 187.28 ($2.31). The firm has a fifty day moving average of GBX 176.04 and a 200-day moving average of GBX 158.18. The firm has a market capitalization of £223.74 million, a P/E ratio of -6,100.00 and a beta of 1.30. The company has a quick ratio of 0.93, a current ratio of 0.92 and a debt-to-equity ratio of 221.38.

M&C Saatchi Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 24th. Stockholders of record on Thursday, May 9th will be given a GBX 1.60 ($0.02) dividend. The ex-dividend date is Thursday, May 9th. This represents a dividend yield of 0.91%. This is a positive change from M&C Saatchi’s previous dividend of $1.50. M&C Saatchi’s dividend payout ratio is presently -10,000.00%.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “not rated” rating on shares of M&C Saatchi in a research report on Wednesday, April 10th.

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.