Future (LON:FUTR) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Future plc (LON:FUTRGet Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 824.01 ($11.26) and traded as low as GBX 726 ($9.92). Future shares last traded at GBX 727 ($9.93), with a volume of 1,003,445 shares.

Analyst Ratings Changes

Separately, Canaccord Genuity Group upgraded shares of Future to a “hold” rating and set a GBX 733 ($10.02) price objective for the company in a research report on Tuesday, April 1st.

Read Our Latest Report on FUTR

Future Price Performance

The company has a current ratio of 0.69, a quick ratio of 0.60 and a debt-to-equity ratio of 31.50. The firm has a market capitalization of £790.44 million, a PE ratio of 9.35, a P/E/G ratio of 0.64 and a beta of 1.01. The company has a fifty day moving average price of GBX 705.11 and a two-hundred day moving average price of GBX 824.01.

Insider Activity

In other news, insider Sharjeel Suleman sold 5,792 shares of the company’s stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of GBX 662 ($9.04), for a total value of £38,343.04 ($52,388.36). Also, insider Kevin Li Ying bought 15,449 shares of Future stock in a transaction dated Thursday, May 22nd. The stock was acquired at an average cost of GBX 647 ($8.84) per share, with a total value of £99,955.03 ($136,569.24). Company insiders own 8.16% of the company’s stock.

Future Company Profile

(Get Free Report)

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

Further Reading

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