Christopher Paul Sweetland Purchases 20,000 Shares of M&C Saatchi plc (LON:SAA) Stock

M&C Saatchi plc (LON:SAA) insider Christopher Paul Sweetland bought 20,000 shares of M&C Saatchi stock in a transaction dated Friday, April 19th. The stock was purchased at an average cost of GBX 184 ($2.27) per share, for a total transaction of £36,800 ($45,454.55).

M&C Saatchi Trading Down 0.3 %

Shares of SAA stock opened at GBX 183 ($2.26) on Wednesday. M&C Saatchi plc has a 12-month low of GBX 118.50 ($1.46) and a 12-month high of GBX 187.28 ($2.31). The company has a current ratio of 0.92, a quick ratio of 0.93 and a debt-to-equity ratio of 221.38. The stock’s 50-day moving average price is GBX 176.04 and its 200-day moving average price is GBX 158.18. The stock has a market capitalization of £223.74 million, a price-to-earnings ratio of -6,100.00 and a beta of 1.30.

M&C Saatchi Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, June 24th. Investors of record on Thursday, May 9th will be given a GBX 1.60 ($0.02) dividend. The ex-dividend date is Thursday, May 9th. This represents a yield of 0.91%. This is a positive change from M&C Saatchi’s previous dividend of $1.50. M&C Saatchi’s dividend payout ratio (DPR) is currently -10,000.00%.

Analyst Upgrades and Downgrades

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

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.