M&C Saatchi plc (LON:SAA – Get Free Report) dropped 8.2% during mid-day trading on Tuesday after Berenberg Bank lowered their price target on the stock from GBX 195 to GBX 175. Berenberg Bank currently has a buy rating on the stock. M&C Saatchi traded as low as GBX 135 and last traded at GBX 135. 747,437 shares were traded during trading, an increase of 251% from the average session volume of 212,777 shares. The stock had previously closed at GBX 147.
M&C Saatchi Trading Down 8.2%
The company has a market cap of £160.61 million, a PE ratio of -72.97 and a beta of 0.55. The company has a current ratio of 1.11, a quick ratio of 0.93 and a debt-to-equity ratio of 132.12. The stock has a 50 day moving average price of GBX 142.30 and a 200 day moving average price of GBX 134.60.
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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