Future (LON:FUTR) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Shares of Future plc (LON:FUTR) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,009.99 ($12.69) and traded as low as GBX 932.50 ($11.72). Future shares last traded at GBX 953.50 ($11.98), with a volume of 428,035 shares.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of Future in a research report on Thursday, September 19th.

Future Price Performance

The firm’s fifty day moving average price is GBX 923.45 and its 200 day moving average price is GBX 1,009.25. The stock has a market cap of £1.05 billion, a PE ratio of 1,254.61, a P/E/G ratio of 0.64 and a beta of 1.01. The company has a quick ratio of 0.60, a current ratio of 0.78 and a debt-to-equity ratio of 32.94.

Future Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 11th. Investors of record on Thursday, January 16th will be given a GBX 3.40 ($0.04) dividend. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 0.35%. Future’s dividend payout ratio is currently 394.74%.

Future Company Profile

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