Shore Capital Reaffirms “Not Rated” Rating for M&C Saatchi (LON:SAA)

Shore Capital reaffirmed their not rated rating on shares of M&C Saatchi (LON:SAA) in a report issued on Wednesday, Marketbeat Ratings reports.

M&C Saatchi Stock Performance

SAA opened at GBX 183.50 ($2.32) on Wednesday. M&C Saatchi has a 12-month low of GBX 118.50 ($1.50) and a 12-month high of GBX 194 ($2.46). The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 239.07. The firm has a market capitalization of £224.35 million, a PE ratio of -9,175.00 and a beta of 1.30. The firm has a 50 day moving average of GBX 175.41 and a two-hundred day moving average of GBX 156.10.

M&C Saatchi Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 24th. Shareholders of record on Thursday, May 9th will be given a dividend of GBX 1.60 ($0.02) per share. The ex-dividend date of this dividend is Thursday, May 9th. This is a positive change from M&C Saatchi’s previous dividend of $1.50. This represents a yield of 0.91%. M&C Saatchi’s dividend payout ratio (DPR) is currently -10,000.00%.

M&C Saatchi Company Profile

M&C Saatchi plc provides advertising and marketing services in the United Kingdom, Europe, the Middle East, Africa, Asia, Australia, and the Americas. The company was founded in 1995 and is based in London, the United Kingdom.