M&C Saatchi (LON:SAA) Hits New 52-Week High at $210.00

M&C Saatchi plc (LON:SAA)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 210 ($2.72) and last traded at GBX 208 ($2.70), with a volume of 304165 shares changing hands. The stock had previously closed at GBX 207 ($2.68).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of M&C Saatchi in a research note on Friday, July 5th.

M&C Saatchi Stock Up 0.5 %

The company has a debt-to-equity ratio of 221.38, a current ratio of 0.92 and a quick ratio of 0.93. The firm’s 50 day moving average price is GBX 201.60 and its two-hundred day moving average price is GBX 184.62. The firm has a market cap of £254.30 million, a price-to-earnings ratio of -6,900.00 and a beta of 1.28.

Insider Buying and Selling

In other news, insider Christopher Paul Sweetland purchased 20,000 shares of the company’s stock in a transaction dated Friday, April 19th. The shares were acquired at an average cost of GBX 184 ($2.39) per share, for a total transaction of £36,800 ($47,724.03). Corporate insiders own 28.01% of the company’s stock.

About M&C Saatchi

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