Joanne Wilson Sells 23,371 Shares of WPP plc (LON:WPP) Stock

WPP plc (LON:WPP) insider Joanne Wilson sold 23,371 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of GBX 640 ($8.28), for a total value of £149,574.40 ($193,473.55).

WPP Trading Down 2.5 %

WPP stock opened at GBX 616.20 ($7.97) on Friday. WPP plc has a 1-year low of GBX 604.20 ($7.82) and a 1-year high of GBX 903 ($11.68). The company has a debt-to-equity ratio of 215.67, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market capitalization of £6.64 billion, a price-to-earnings ratio of 32.55, a PEG ratio of 13.47 and a beta of 1.13. The business has a 50 day simple moving average of GBX 728 and a two-hundred day simple moving average of GBX 777.69.

WPP (LON:WPP) last announced its quarterly earnings results on Thursday, February 27th. The company reported GBX 50.30 ($0.65) earnings per share for the quarter. WPP had a net margin of 1.37% and a return on equity of 5.92%. Research analysts anticipate that WPP plc will post 81.6125654 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. cut their price objective on WPP from GBX 1,040 ($13.45) to GBX 960 ($12.42) and set a “neutral” rating for the company in a research note on Tuesday, January 7th.

About WPP

WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities.

At WPP we’re reinventing creativity on an ever-broader canvas, bringing together unrivalled talent, resources and skills to provide an integrated offer of communications, experience, commerce and technology for clients.