Future (LON:FUTR) Stock Price Down 10.3% – Time to Sell?

Future plc (LON:FUTR)’s stock price was down 10.3% during trading on Saturday . The stock traded as low as GBX 668 ($8.87) and last traded at GBX 668 ($8.87). Approximately 2,912,707 shares changed hands during trading, an increase of 300% from the average daily volume of 728,349 shares. The stock had previously closed at GBX 745 ($9.90).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised Future to a “hold” rating and set a GBX 733 ($9.74) target price for the company in a report on Tuesday, April 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 1,060 ($14.08).

Future Price Performance

The business has a 50-day moving average price of GBX 747.05 and a 200 day moving average price of GBX 865.86. The company has a market cap of £723.31 million, a price-to-earnings ratio of 8.56, a P/E/G ratio of 0.64 and a beta of 1.01. The company has a current ratio of 0.69, a quick ratio of 0.60 and a debt-to-equity ratio of 31.50.

Future Company Profile

Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams