M&C Saatchi (LON:SAA) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of M&C Saatchi (LON:SAA) in a research note released on Monday morning, ThisIsMoney.Co.Uk reports.

LON SAA opened at GBX 210 ($2.74) on Monday. The company has a debt-to-equity ratio of 59.16, a current ratio of 1.24 and a quick ratio of 1.09. The firm has a market capitalization of $191.42 million and a price-to-earnings ratio of 23.08. The company’s fifty day moving average is GBX 318.50 and its two-hundred day moving average is GBX 353.25. M&C Saatchi has a 52-week low of GBX 210 ($2.74) and a 52-week high of GBX 405 ($5.29).

In other M&C Saatchi news, insider Mickey Kalifa bought 27,985 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were acquired at an average cost of GBX 268 ($3.50) per share, for a total transaction of £74,999.80 ($98,000.52). Also, insider Maurice N. Saatchi sold 84,068 shares of M&C Saatchi stock in a transaction dated Monday, June 10th. The shares were sold at an average price of GBX 357 ($4.66), for a total transaction of £300,122.76 ($392,163.54).

About M&C Saatchi

M&C Saatchi plc provides advertising and marketing services worldwide. The company offers its services in the areas of media buying, direct marketing, talent management, mobile marketing, research agency, Website construction, branding and digital marketing, design, marketing strategy, finished art and production, management studio, marketing consultant, and sport sponsorship and entertainment PR agency.

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