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

Future plc (LON:FUTR) was down 10.3% during mid-day trading on Saturday . The company traded as low as GBX 668 ($8.88) and last traded at GBX 668 ($8.88). Approximately 2,912,707 shares were traded 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 ($9.91).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised shares of Future to a “hold” rating and set a GBX 733 ($9.75) price target for the company in a report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of GBX 1,060 ($14.10).

Future Trading Down 10.3%

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 company’s fifty day moving average is GBX 747.05 and its 200-day moving average is GBX 865.77. The stock has a market cap of £723.31 million, a PE ratio of 8.56, a PEG ratio of 0.64 and a beta of 1.01.

About Future

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