Future (LON:FUTR) Shares Cross Below 200 Day Moving Average – What’s Next?

Future plc (LON:FUTR)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 994.78 ($12.10) and traded as low as GBX 888 ($10.80). Future shares last traded at GBX 913.50 ($11.11), with a volume of 470,172 shares changing hands.

Analysts Set New Price Targets

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

Future Price Performance

The stock’s 50 day simple moving average is GBX 933.72 and its two-hundred day simple moving average is GBX 992.16. The firm has a market capitalization of £991.25 million, a PE ratio of 1,183.55, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01. The company has a debt-to-equity ratio of 32.94, a quick ratio of 0.60 and a current ratio of 0.78.

Future Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Thursday, January 16th will be issued a dividend of GBX 3.40 ($0.04) per share. The ex-dividend date is Thursday, January 16th. This represents a yield of 0.35%. Future’s dividend payout ratio (DPR) is presently 394.74%.

Future Company Profile

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