Future (LON:FUTR) Shares Down 10.3% – What’s Next?

Future plc (LON:FUTR)’s share price traded down 10.3% on Friday . The company traded as low as GBX 668 ($8.87) and last traded at GBX 668 ($8.87). 1,506,491 shares were traded during trading, an increase of 111% from the average session volume of 713,390 shares. The stock had previously closed at GBX 745 ($9.90).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group raised shares of Future to a “hold” rating and set a GBX 733 ($9.74) price target for the company in a report on Tuesday, April 1st. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Future has a consensus rating of “Hold” and an average price target of GBX 1,060 ($14.08).

Future Stock Performance

The stock’s fifty day moving average price is GBX 747.05 and its two-hundred day moving average price is GBX 865.86. The company has a debt-to-equity ratio of 31.50, a quick ratio of 0.60 and a current ratio of 0.69. The company has a market cap of £723.31 million, a P/E ratio of 8.56, a P/E/G ratio of 0.64 and a beta of 1.01.

Future Company Profile

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