M&C Saatchi Plc (LON:SAA) Insider Sells £2,644,348.21 in Stock

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M&C Saatchi Plc (LON:SAA) insider Maurice N. Saatchi sold 770,947 shares of the stock in a transaction on Friday, August 2nd. The stock was sold at an average price of GBX 343 ($4.48), for a total value of £2,644,348.21 ($3,455,309.30).

SAA stock opened at GBX 231 ($3.02) on Friday. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 59.16. The business’s fifty day simple moving average is GBX 336.34 and its two-hundred day simple moving average is GBX 357.35. M&C Saatchi Plc has a twelve month low of GBX 253 ($3.31) and a twelve month high of GBX 405 ($5.29). The firm has a market cap of $210.56 million and a price-to-earnings ratio of 25.38.

Separately, Peel Hunt reiterated a “hold” rating on shares of M&C Saatchi in a research note on Monday.

M&C Saatchi Company Profile

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.

Further Reading: Equity Income

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