M&C Saatchi (LON:SAA) Reaches New 12-Month High at $201.00

M&C Saatchi plc (LON:SAA)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 201 ($2.53) and last traded at GBX 197.50 ($2.48), with a volume of 87866 shares changing hands. The stock had previously closed at GBX 195.50 ($2.46).

Analyst Upgrades and Downgrades

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

M&C Saatchi Stock Up 1.0 %

The firm has a market capitalization of £241.46 million, a PE ratio of -6,583.33 and a beta of 1.30. The business’s 50 day simple moving average is GBX 178.76 and its 200 day simple moving average is GBX 162.05. 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 firm also recently announced a dividend, which will be paid on Monday, June 24th. Stockholders of record on Thursday, May 9th will be paid a dividend of GBX 1.60 ($0.02) per share. This is a boost 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 is currently -10,000.00%.

Insider Buying and Selling

In other news, insider Christopher Paul Sweetland bought 20,000 shares of the stock in a transaction on Friday, April 19th. The stock was acquired at an average cost of GBX 184 ($2.31) per share, for a total transaction of £36,800 ($46,231.16). 28.01% of the stock is owned by corporate insiders.

About M&C Saatchi

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.