Future (LON:FUTR) Stock Price Up 9.9% – Here’s What Happened

Shares of Future plc (LON:FUTR) traded up 9.9% during trading on Monday . The company traded as high as GBX 736.50 ($9.75) and last traded at GBX 727.50 ($9.63). 5,957,146 shares traded hands during trading, an increase of 662% from the average session volume of 782,237 shares. The stock had previously closed at GBX 662 ($8.76).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised shares of Future to a “hold” rating and set a GBX 733 ($9.70) price objective on the stock in a research note on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of GBX 1,060 ($14.03).

Future Price Performance

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 has a fifty day moving average of GBX 843.55 and a 200-day moving average of GBX 902.06. The firm has a market cap of £782.86 million, a P/E ratio of 9.26, a P/E/G ratio of 0.64 and a beta of 1.01.

Future Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 11th. Shareholders of record on Thursday, January 16th were given a GBX 3.40 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 0.35%. Future’s dividend payout ratio is currently 3.84%.

About Future

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