M&C Saatchi (LON:SAA – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported GBX (3.52) earnings per share (EPS) for the quarter, Digital Look Earnings reports. M&C Saatchi had a negative net margin of 3.00% and a negative return on equity of 32.44%.
M&C Saatchi Trading Down 5.2%
Shares of LON SAA traded down GBX 7 during mid-day trading on Thursday, hitting GBX 126.50. The company’s stock had a trading volume of 95,835 shares, compared to its average volume of 211,357. The stock has a market cap of £150.50 million, a price-to-earnings ratio of -68.38 and a beta of 0.55. The company has a debt-to-equity ratio of 185.24, a current ratio of 1.12 and a quick ratio of 0.93. The company’s fifty day simple moving average is GBX 142.18 and its 200-day simple moving average is GBX 134.83. M&C Saatchi has a one year low of GBX 100.50 and a one year high of GBX 152.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reduced their price objective on M&C Saatchi from GBX 195 to GBX 175 and set a “buy” rating on the stock in a research note on Tuesday. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 163.50.
About M&C Saatchi
We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.
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