Future (LON:FUTR) Trading 9.9% Higher – What’s Next?

Future plc (LON:FUTRGet Free Report) rose 9.9% on Tuesday . The company traded as high as GBX 736.50 ($9.75) and last traded at GBX 727.50 ($9.63). Approximately 5,957,146 shares were traded during mid-day trading, an increase of 662% from the average daily volume of 782,237 shares. The stock had previously closed at GBX 662 ($8.76).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group upgraded Future to a “hold” rating and set a GBX 733 ($9.70) price target on the stock in a report on Tuesday, April 1st. One investment 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. Based on data from MarketBeat, Future currently has an average rating of “Hold” and a consensus price target of GBX 1,060 ($14.03).

View Our Latest Stock Report on Future

Future Stock 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 firm has a market capitalization of £774.45 million, a PE ratio of 9.16, a P/E/G ratio of 0.64 and a beta of 1.01. The company’s fifty day simple moving average is GBX 839.71 and its 200 day simple moving average is GBX 900.19.

Future Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, February 11th. Investors of record on Thursday, January 16th were issued a GBX 3.40 ($0.05) dividend. This represents a yield of 0.35%. The ex-dividend date was Thursday, January 16th. Future’s dividend payout ratio (DPR) is presently 3.84%.

About Future

(Get Free Report)

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

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