Future (LON:FUTR) Stock Price Passes Below Two Hundred Day Moving Average of $751.56

Future plc (LON:FUTR)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 751.56 ($9.36) and traded as low as GBX 618.50 ($7.70). Future shares last traded at GBX 620 ($7.72), with a volume of 292,144 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of Future in a research note on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Future presently has a consensus rating of “Hold” and a consensus target price of GBX 1,056.14 ($13.15).

Future Stock Down 1.8 %

The company has a debt-to-equity ratio of 38.79, a quick ratio of 0.60 and a current ratio of 0.96. The company has a market capitalization of £714.24 million, a P/E ratio of 659.57, a price-to-earnings-growth ratio of 0.64 and a beta of 0.71. The firm’s fifty day moving average is GBX 645.91 and its 200-day moving average is GBX 751.56.

Future Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 13th. Shareholders of record on Thursday, January 18th were given a dividend of GBX 3.40 ($0.04) per share. The ex-dividend date of this dividend was Thursday, January 18th. This represents a yield of 0.45%. Future’s payout ratio is presently 319.15%.

Future Company Profile

Future plc, together with its subsidiaries, publishes and distributes content for games, entertainment, technology, sports, savings and wealth, lifestyle, knowledge and news, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments. The company offers content through various forms, such as websites, email newsletters, videos, social platforms, magazines, and events, as well as advertising comprising digital advertising, AVOD, newsletters, events, and lead generation; eCommerce, including print and digital subscriptions, and newstrade; and direct consumer monetisation frameworks.