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

Future plc (LON:FUTR)’s stock price was down 10.3% during 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).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upgraded shares of Future to a “hold” rating and set a GBX 733 ($9.75) target price on the stock 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 MarketBeat, Future currently has an average rating of “Hold” and an average target price of GBX 1,060 ($14.10).

Future Stock Down 10.3%

The company has a current ratio of 0.69, a quick ratio of 0.60 and a debt-to-equity ratio of 31.50. The stock’s 50-day simple moving average is GBX 747.05 and its 200-day simple moving average is GBX 865.77. The firm has a market capitalization of £723.31 million, a P/E ratio of 8.56, a P/E/G 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