Future (LON:FUTR) Stock Passes Below 200 Day Moving Average of $734.47

Shares of Future plc (LON:FUTR) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 734.47 ($9.23) and traded as low as GBX 698 ($8.77). Future shares last traded at GBX 707.50 ($8.89), with a volume of 353,686 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of Future in a report on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Future currently has an average rating of “Hold” and a consensus price target of GBX 1,056.14 ($13.27).

Future Trading Up 4.8 %

The company has a debt-to-equity ratio of 38.79, a quick ratio of 0.60 and a current ratio of 0.96. The firm has a market capitalization of £853.90 million, a P/E ratio of 787.23, a PEG ratio of 0.64 and a beta of 0.70. The firm has a 50 day simple moving average of GBX 636.65 and a two-hundred day simple moving average of GBX 733.32.

Future Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, February 13th. Investors of record on Thursday, January 18th were given a dividend of GBX 3.40 ($0.04) per share. This represents a dividend yield of 0.45%. The ex-dividend date was Thursday, January 18th. Future’s payout ratio is currently 319.15%.

About Future

Future plc, together with its subsidiaries, publishes and distributes content for games, entertainment, technology, sports, savings and wealth, lifestyle, knowledge and news, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments. The company offers content through various forms, such as websites, email newsletters, videos, social platforms, magazines, and events, as well as advertising comprising digital advertising, AVOD, newsletters, events, and lead generation; eCommerce, including print and digital subscriptions, and newstrade; and direct consumer monetisation frameworks.