Future (LON:FUTR) Trading Down 10.3% – Should You Sell?

Future plc (LON:FUTR)’s stock price was down 10.3% on Saturday . The stock traded as low as GBX 668 ($8.88) and last traded at GBX 668 ($8.88). Approximately 2,912,707 shares traded hands during trading, an increase of 300% from the average daily volume of 728,349 shares. The stock had previously closed at GBX 745 ($9.91).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group upgraded shares of Future to a “hold” rating and set a GBX 733 ($9.75) price objective for the company in a research report on Tuesday, April 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of GBX 1,060 ($14.10).

Future Stock Performance

The firm’s fifty day simple moving average is GBX 747.05 and its 200 day simple moving average is GBX 865.77. The company has a market capitalization of £723.31 million, a price-to-earnings ratio of 8.56, a PEG ratio of 0.64 and a beta of 1.01. The company has a debt-to-equity ratio of 31.50, a current ratio of 0.69 and a quick ratio of 0.60.

Future Company Profile

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