M&C Saatchi (LON:SAA) Stock Crosses Above 200 Day Moving Average of $194.05

M&C Saatchi plc (LON:SAA)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 194.05 ($2.55) and traded as high as GBX 212.30 ($2.79). M&C Saatchi shares last traded at GBX 212 ($2.79), with a volume of 13,265 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of M&C Saatchi in a research report on Friday, July 5th.

M&C Saatchi Stock Down 2.4 %

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 stock has a 50-day moving average of GBX 206.12 and a 200-day moving average of GBX 194.26. The firm has a market cap of £253.08 million, a price-to-earnings ratio of -6,900.00 and a beta of 1.34.

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.