Stock News Alert: MDC Partners Inc. (NASDAQ:MDCA) falls -7.05% to $2.77

MDC Partners Inc. (NASDAQ:MDCA) reported change of -7.05% to $2.77 with the recent traded volume of 124830 shares in most recent trading session compared to an average volume of 371.16K. The stock was down over last five days period with -10.51%. The one month performance of stock was -29.88%. MDCA shares are at -45.32% for the quarter and driving a -74.64% return over the course of the past year and is now at -69.44% since this point in 2018.

The Company has earnings of $ 106.60M and made $6.60 sales for the last 12 months. Its quarter to quarter sales remained -2.80% and sales observed at 7.30% over past 5 years. The stock beta value is 0.93. MDCA is -55.21% upward its 200-day moving average. On a similar note, the stock is -36.07% above its 50-day moving average. The average volatility for the week and month was at 8.50% 6.60% respectively. The company holds 64.40M shares outstanding and 55.15M shares are floated in market.

MDC Partners Inc. (NASDAQ:MDCA) reported today that Ryan Linder has been promoted to Executive Vice President, Global Chief Marketing Officer, effective immediately.  Linder, charged with overseeing marketing and business development across the MDC Partners network, takes on the expanded role as part of an intensified global growth strategy for the company in response to growing client demand for MDC’s diverse and progressive global agency offering.

Linder will lead a strategic resource team that includes Robyn Freye (SVP, Strategic Growth, USA), Lotta Malm Hallqvist (CMO, Europe), and Ned Russell (Managing Director, Healthcare).

Scott Kauffman, MDC Partners Chairman and CEO said “Ryan is a force of nature”.  “He has earned the respect of marketers and the trust of our agency partners through his unwavering dedication to creating game-changing relationships and purpose–built solutions that generate real results.  He’s the person both brands and agencies want in their corner, and he has been instrumental in forging many of the most effective partner-client relationships across the MDC family.”

Linder has spent six years at MDC, most recently as US CMO, and has established himself as a trusted, and successful, partner to marketers as they tackle today’s most pressing and significant business challenges.

Carl Johnson, Founding Partner & Global CEO of Anomaly said “Ryan is a rarity in his role – he listens more than he talks”. “That approach, which is closer to one of casting agent, means his focus is on truly matching agency skillsets, talent and culture with client needs. It’s the secret to his success…and why I like him.”

Category – Hot Stocks

Mark Wilbanks studied a business degree majoring in finance and security analysis. He has a deep understanding of both technical and fundamental forms of analysis, he deeply believes that it makes a lot more sense for average investors to understand fundamental analysis, which he believes anyone can learn. Mark has over 10 years of experience as a professional journalist, writer and an editor. He holds a bachelor’s degree in International Business from University of Melbourne. He writes articles about hot stocks, dividend growth investing, options trading, investment decisions, stock selection, portfolio management, and passive income generation. Mark primarily reports on Hot Stocks category.

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