Future (LON:FUTR) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Future plc (LON:FUTR) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 998.74 ($12.29) and traded as low as GBX 947 ($11.65). Future shares last traded at GBX 955 ($11.75), with a volume of 405,724 shares.

Analyst Upgrades and Downgrades

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

Future Stock Performance

The stock has a market capitalization of £1.01 billion, a PE ratio of 1,203.29, a P/E/G ratio of 0.64 and a beta of 1.01. The firm has a fifty day moving average price of GBX 933.45 and a two-hundred day moving average price of GBX 997.21. The company has a debt-to-equity ratio of 32.94, a current ratio of 0.78 and a quick ratio of 0.60.

Future Dividend Announcement

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

About Future

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