M&C Saatchi (LON:SAA) Shares Cross Below 200 Day Moving Average - Here's What Happened

Key Points

• M&C Saatchi plc's stock has recently traded below its 200-day moving average, indicating potential downward momentum, with shares last at GBX 169.10 ($2.28).
• The company has a market capitalization of £210.12 million and a PE ratio of 19.15, suggesting moderate valuation relative to earnings.
• Insider Zaid Al-Qassab purchased 43,597 shares at an average price of GBX 172, representing a total investment of about £74,986, and insiders currently own 27.48% of the stock.

M&C Saatchi plc (LON:SAA - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 175.14 ($2.36) and traded as low as GBX 169.10 ($2.28). M&C Saatchi shares last traded at GBX 169.10 ($2.28), with a volume of 38,418 shares changing hands.

M&C Saatchi Stock Up 0.6%

The company has a market cap of £193.94 million, a P/E ratio of 1,351.35 and a beta of 1.27. The stock's 50-day moving average price is GBX 183.26 and its 200-day moving average price is GBX 174.67. The company has a current ratio of 1.07, a quick ratio of 0.93 and a debt-to-equity ratio of 71.51.

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.