M&C Saatchi (LON:SAA) Stock Crosses Below 200-Day Moving Average – Should You Sell?

M&C Saatchi plc (LON:SAAGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 200.45 ($2.54) and traded as low as GBX 191.50 ($2.42). M&C Saatchi shares last traded at GBX 192 ($2.43), with a volume of 39,947 shares trading hands.

M&C Saatchi Stock Performance

The firm has a market cap of £234.74 million, a P/E ratio of 2,133.33 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. The company’s 50-day moving average is GBX 194.73 and its two-hundred day moving average is GBX 200.45.

Insider Buying and Selling at M&C Saatchi

In other news, insider Zaid Al-Qassab acquired 53,541 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was purchased at an average price of GBX 187 ($2.37) per share, for a total transaction of £100,121.67 ($126,688.18). Company insiders own 27.48% of the company’s stock.

M&C Saatchi Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for M&C Saatchi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M&C Saatchi and related companies with MarketBeat.com's FREE daily email newsletter.