M&C Saatchi (LON:SAA) Shares Pass Below 200 Day Moving Average – Should You Sell?

M&C Saatchi plc (LON:SAA) shares 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 changing hands.

M&C Saatchi Stock Down 0.6 %

The firm has a market capitalization of £195.91 million, a P/E 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. The stock has a fifty day moving average of GBX 171.41 and a 200 day moving average of GBX 181.93.

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

M&C Saatchi Increases Dividend

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

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.