M&C Saatchi (LON:SAA) Trading 1.6% Higher – Here’s What Happened

M&C Saatchi plc (LON:SAA) shares traded up 1.6% on Monday . The company traded as high as GBX 189 ($2.38) and last traded at GBX 189 ($2.38). 19,999 shares changed hands during trading, a decline of 93% from the average session volume of 281,335 shares. The stock had previously closed at GBX 186 ($2.34).

M&C Saatchi Stock Performance

The company’s 50-day simple moving average is GBX 194.75 and its 200-day simple moving average is GBX 198.92. The stock has a market capitalization of £228.01 million, a price-to-earnings ratio of 2,072.22 and a beta of 1.27. The company has a current ratio of 1.07, a quick ratio of 0.93 and a debt-to-equity ratio of 187.32.

Insider Activity at M&C Saatchi

In other news, insider Zaid Al-Qassab purchased 53,541 shares of the stock in a transaction on Friday, September 27th. The stock was purchased at an average price of GBX 187 ($2.35) per share, for a total transaction of £100,121.67 ($125,875.87). 27.48% of the stock is currently owned by company insiders.

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.