M&C Saatchi (LON:SAA) Share Price Crosses Above 200-Day Moving Average of $157.05

M&C Saatchi plc (LON:SAA) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 157.05 ($1.96) and traded as high as GBX 185.78 ($2.31). M&C Saatchi shares last traded at GBX 182 ($2.27), with a volume of 61,788 shares.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “not rated” rating on shares of M&C Saatchi in a research note on Wednesday, April 10th.

M&C Saatchi Trading Up 0.6 %

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 company has a market cap of £222.51 million, a P/E ratio of -6,066.67 and a beta of 1.30. The firm’s 50 day moving average is GBX 175.63 and its two-hundred day moving average is GBX 157.05.

M&C Saatchi Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 24th. Investors of record on Thursday, May 9th will be paid a GBX 1.60 ($0.02) dividend. This is a boost from M&C Saatchi’s previous dividend of $1.50. The ex-dividend date of this dividend is Thursday, May 9th. This represents a dividend yield of 0.91%. M&C Saatchi’s payout ratio is currently -10,000.00%.

M&C Saatchi Company Profile

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