M&C Saatchi (LON:SAA) Shares Cross Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• M&C Saatchi shares fell below their 200-day moving average, trading at GBX 172 ($2.32), with a low of GBX 171 ($2.31) during Monday's session.
• The company's debt-to-equity ratio is 71.51, indicating a relatively high level of leverage, while it has a market capitalization of £215.68 million and a P/E ratio of 19.65.
• Insider Zaid Al-Qassab recently purchased 43,597 shares at GBX 172, bringing insider ownership to 27.48% of the company's stock.

M&C Saatchi plc (LON:SAA - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 175.52 ($2.37) and traded as low as GBX 171 ($2.31). M&C Saatchi shares last traded at GBX 172 ($2.32), with a volume of 43,663 shares changing hands.

M&C Saatchi Stock Up 0.6%

The company has a debt-to-equity ratio of 71.51, a quick ratio of 0.93 and a current ratio of 1.07. The business's 50 day moving average price is GBX 185.98 and its 200 day moving average price is GBX 175.24. The firm has a market cap of £213.83 million, a price-to-earnings ratio of 19.49 and a beta of 1.27.

Insider Buying and Selling at M&C Saatchi

In other news, insider Zaid Al-Qassab bought 43,597 shares of the stock in a transaction dated Friday, May 30th. The shares were acquired at an average cost of GBX 172 per share, with a total value of £74,986.84. Company insiders own 27.48% of the company's stock.

M&C Saatchi Company Profile

We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.