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

M&C Saatchi plc (LON:SAA)’s share price passed 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 trading hands.

Analyst Ratings Changes

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

M&C Saatchi Stock Up 1.1 %

The company has a debt-to-equity ratio of 221.38, a current ratio of 0.92 and a quick ratio of 0.93. The company has a market cap of £224.96 million, a price-to-earnings ratio of -6,133.33 and a beta of 1.30. The firm has a 50-day moving average price of GBX 175.87 and a 200 day moving average price of GBX 157.55.

M&C Saatchi Increases Dividend

The business also recently declared 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. This represents a dividend yield of 0.91%. The ex-dividend date of this dividend is Thursday, May 9th. M&C Saatchi’s payout ratio is -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.