M&C Saatchi’s (SAA) Hold Rating Reiterated at Peel Hunt

M&C Saatchi (LON:SAA)‘s stock had its “hold” rating restated by stock analysts at Peel Hunt in a report issued on Thursday, ThisIsMoney.Co.Uk reports.

SAA opened at GBX 87 ($1.14) on Thursday. The company has a fifty day simple moving average of GBX 110.15 and a 200 day simple moving average of GBX 169.98. The firm has a market cap of $81.01 million and a price-to-earnings ratio of 5.27. M&C Saatchi has a twelve month low of GBX 69.40 ($0.91) and a twelve month high of GBX 405 ($5.33). The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 106.95.

In other news, insider Jeremy T. Sinclair purchased 415,323 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was acquired at an average cost of GBX 80 ($1.05) per share, with a total value of £332,258.40 ($437,067.09).

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.

Recommended Story: What is included in the gross domestic product?

Receive News & Ratings for M&C Saatchi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M&C Saatchi and related companies with MarketBeat.com's FREE daily email newsletter.