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

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

M&C Saatchi Stock Down 0.3 %

SAA stock opened at GBX 183.50 ($2.27) on Tuesday. The stock has a market capitalization of £224.35 million, a P/E ratio of -6,116.67 and a beta of 1.30. 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 firm has a 50-day moving average price of GBX 176.04 and a 200-day moving average price of GBX 158.18. 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).

M&C Saatchi Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, June 24th. Shareholders of record on Thursday, May 9th will be given a GBX 1.60 ($0.02) dividend. The ex-dividend date of this dividend 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%.

Wall Street Analysts Forecast Growth

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

M&C Saatchi Company Profile

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.