M&C Saatchi (LON:SAA) Stock Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Shares of M&C Saatchi plc (LON:SAA - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 174.90 ($2.35) and traded as low as GBX 167.50 ($2.25). M&C Saatchi shares last traded at GBX 169 ($2.27), with a volume of 144,240 shares.

M&C Saatchi Trading Up 2.1%

The company has a debt-to-equity ratio of 71.51, a current ratio of 1.07 and a quick ratio of 0.93. The company has a market cap of £213.21 million, a price-to-earnings ratio of 19.43 and a beta of 1.27. The business's 50-day simple moving average is GBX 162.72 and its 200-day simple moving average is GBX 174.56.

M&C Saatchi (LON:SAA - Get Free Report) last announced its earnings results on Thursday, March 27th. The company reported GBX 9.63 ($0.13) earnings per share (EPS) for the quarter. M&C Saatchi had a net margin of 2.43% and a return on equity of 34.45%.

M&C Saatchi Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Thursday, May 8th will be given a dividend of GBX 1.95 ($0.03) per share. The ex-dividend date of this dividend is Thursday, May 8th. This represents a yield of 1.18%. This is a boost from M&C Saatchi's previous dividend of $1.60. M&C Saatchi's payout ratio is presently 33.79%.

About M&C Saatchi

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.