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

M&C Saatchi plc (LON:SAAGet Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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.

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on SAA

M&C Saatchi Trading Up 0.6 %

The company has a market cap of £222.51 million, a price-to-earnings ratio of -6,066.67 and a beta of 1.30. The firm has a 50-day moving average price of GBX 175.63 and a 200 day moving average price of GBX 157.05. The company has a current ratio of 0.92, a quick ratio of 0.93 and a debt-to-equity ratio of 221.38.

M&C Saatchi Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, June 24th. Stockholders of record on Thursday, May 9th will be given a GBX 1.60 ($0.02) dividend. This is a positive change 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 dividend payout ratio (DPR) is presently -10,000.00%.

About M&C Saatchi

(Get Free Report)

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.

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