Insider Buying: M&C Saatchi plc (LON:SAA) Insider Buys 53,541 Shares of Stock

M&C Saatchi plc (LON:SAA) insider Zaid Al-Qassab acquired 53,541 shares of the business’s stock in a transaction dated Friday, September 27th. The stock was bought at an average cost of GBX 187 ($2.50) per share, with a total value of £100,121.67 ($134,067.58).

M&C Saatchi Price Performance

Shares of LON SAA opened at GBX 182.45 ($2.44) on Monday. The company has a quick ratio of 0.93, a current ratio of 0.92 and a debt-to-equity ratio of 221.38. The business’s 50 day moving average price is GBX 203.41 and its two-hundred day moving average price is GBX 195.90. The company has a market cap of £223.06 million, a PE ratio of 1,977.78 and a beta of 1.27. M&C Saatchi plc has a twelve month low of GBX 120.13 ($1.61) and a twelve month high of GBX 220 ($2.95).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated 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.