M&C Saatchi (LON:SAA) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

M&C Saatchi plc (LON:SAA)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 182.25 ($2.42) and traded as low as GBX 160 ($2.12). M&C Saatchi shares last traded at GBX 161.50 ($2.14), with a volume of 48,788 shares.

M&C Saatchi Price Performance

The business’s fifty day simple moving average is GBX 171.41 and its 200 day simple moving average is GBX 181.93. The firm has a market capitalization of £195.91 million, a price-to-earnings ratio of 17.85 and a beta of 1.27. The company has a debt-to-equity ratio of 71.51, a current ratio of 1.07 and a quick ratio of 0.93.

M&C Saatchi (LON:SAA) last issued its earnings results on Thursday, March 27th. The company reported GBX 9.63 ($0.13) EPS for the quarter. M&C Saatchi had a return on equity of 34.45% and a net margin of 2.43%.

M&C Saatchi Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Thursday, May 8th will be given a dividend of GBX 1.95 ($0.03) per share. This represents a dividend yield of 1.18%. This is a positive change from M&C Saatchi’s previous dividend of $1.60. The ex-dividend date is Thursday, May 8th. M&C Saatchi’s dividend payout ratio is presently 33.79%.

M&C Saatchi Company Profile

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.