M&C Saatchi (LON:SAA) Earns Buy Rating from Shore Capital

M&C Saatchi (LON:SAA)‘s stock had its “buy” rating reissued by Shore Capital in a research note issued to investors on Friday, MarketBeat.com reports.

M&C Saatchi Price Performance

Shares of SAA opened at GBX 199.08 ($2.52) on Friday. The stock has a market cap of £243.39 million, a P/E ratio of -6,635.83 and a beta of 1.28. M&C Saatchi has a 1 year low of GBX 118.50 ($1.50) and a 1 year high of GBX 210 ($2.66). The stock’s 50-day moving average price is GBX 199.32 and its two-hundred day moving average price is GBX 181.63. The company has a current ratio of 0.92, a quick ratio of 0.93 and a debt-to-equity ratio of 221.38.

Insider Buying and Selling at M&C Saatchi

In other news, insider Christopher Paul Sweetland purchased 20,000 shares of M&C Saatchi stock in a transaction dated Friday, April 19th. The shares were bought at an average cost of GBX 184 ($2.33) per share, with a total value of £36,800 ($46,546.93). Insiders own 28.01% of the company’s stock.

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.