M&C Saatchi (LON:SAA) Receives Hold Rating from Peel Hunt
Peel Hunt restated their hold rating on shares of M&C Saatchi (LON:SAA) in a report issued on Thursday, ThisIsMoney.Co.Uk reports.
Shares of LON:SAA traded down GBX 1 ($0.01) during midday trading on Thursday, hitting GBX 87 ($1.14). The company had a trading volume of 249,854 shares, compared to its average volume of 57,593. M&C Saatchi has a 12 month low of GBX 69.40 ($0.91) and a 12 month high of GBX 405 ($5.33). The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 106.95. The stock has a market cap of $81.01 million and a price-to-earnings ratio of 5.27. The firm has a fifty day simple moving average of GBX 110.15 and a 200 day simple moving average of GBX 169.98.
In related news, insider Jeremy T. Sinclair purchased 415,323 shares of M&C Saatchi stock in a transaction dated Wednesday, December 4th. The shares were acquired at an average cost of GBX 80 ($1.05) per share, for a total transaction of £332,258.40 ($437,067.09).
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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