Zaid Al-Qassab Acquires 53,541 Shares of M&C Saatchi plc (LON:SAA) Stock

M&C Saatchi plc (LON:SAA) insider Zaid Al-Qassab bought 53,541 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The shares were bought at an average price of GBX 187 ($2.50) per share, with a total value of £100,121.67 ($133,924.12).

M&C Saatchi Trading Down 0.5 %

Shares of SAA opened at GBX 181 ($2.42) on Wednesday. The firm has a fifty day simple moving average of GBX 202.95 and a two-hundred day simple moving average of GBX 195.81. M&C Saatchi plc has a twelve month low of GBX 120.13 ($1.61) and a twelve month high of GBX 220 ($2.94). The stock has a market capitalization of £221.29 million, a P/E ratio of 2,011.11 and a beta of 1.27. The company has a quick ratio of 0.93, a current ratio of 1.07 and a debt-to-equity ratio of 187.32.

Wall Street Analysts Forecast Growth

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

M&C Saatchi Company Profile

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.