M&C Saatchi plc (LON:SAA) Insider Buys £36,800 in Stock

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

M&C Saatchi Stock Performance

LON SAA traded down GBX 0.50 ($0.01) on Monday, reaching GBX 183.50 ($2.27). The stock had a trading volume of 37,640 shares, compared to its average volume of 388,004. The stock has a market cap of £224.35 million, a P/E ratio of -6,116.67 and a beta of 1.30. M&C Saatchi plc has a 12-month low of GBX 118.50 ($1.46) and a 12-month high of GBX 187.28 ($2.31). The business's 50-day moving average price is GBX 175.87 and its 200 day moving average price is GBX 157.83. The company has a debt-to-equity ratio of 221.38, a quick ratio of 0.93 and a current ratio of 0.92.

M&C Saatchi Increases Dividend

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

Analysts Set New Price Targets

Separately, Shore Capital reissued a "not rated" rating on shares of M&C Saatchi in a report on Wednesday, April 10th.

M&C Saatchi Company Profile

M&C Saatchi plc provides advertising and marketing services in the United Kingdom, Europe, the Middle East, Africa, Asia, Australia, and the Americas. The company was founded in 1995 and is based in London, the United Kingdom.