Shore Capital restated their not rated rating on shares of M&C Saatchi (LON:SAA – Free Report) in a research note released on Wednesday morning, Marketbeat Ratings reports.
M&C Saatchi Trading Up 3.7 %
LON:SAA opened at GBX 183.50 ($2.32) on Wednesday. The stock has a fifty day moving average price of GBX 175.41 and a two-hundred day moving average price of GBX 156.10. The stock has a market capitalization of £224.35 million, a price-to-earnings ratio of -9,175.00 and a beta of 1.30. The company has a debt-to-equity ratio of 239.07, a quick ratio of 0.93 and a current ratio of 0.94. M&C Saatchi has a 1 year low of GBX 118.50 ($1.50) and a 1 year high of GBX 194 ($2.46).
M&C Saatchi Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, June 24th. Shareholders of record on Thursday, May 9th will be given a GBX 1.60 ($0.02) dividend. This is a boost from M&C Saatchi’s previous dividend of $1.50. The ex-dividend date is Thursday, May 9th. This represents a yield of 0.91%. M&C Saatchi’s dividend payout ratio is presently -10,000.00%.
About M&C Saatchi
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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