Future (LON:FUTR) Trading Down 10.3% – What’s Next?

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

Analysts Set New Price Targets

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

Future Stock Down 10.3%

The stock 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 debt-to-equity ratio of 31.50, a current ratio of 0.69 and a quick ratio of 0.60. The business has a fifty day moving average of GBX 747.05 and a 200 day moving average of GBX 865.86.

About Future

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