Future (LON:FUTR) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Future plc (LON:FUTRGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 374.06 and traded as low as GBX 286. Future shares last traded at GBX 289.53, with a volume of 523,676 shares traded.

Analyst Ratings Changes

FUTR has been the topic of a number of recent research reports. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 295 target price on shares of Future in a research note on Friday, May 15th. Canaccord Genuity Group dropped their price target on Future from GBX 733 to GBX 358 and set a “hold” rating for the company in a research report on Friday, April 24th. Barclays cut their price target on Future from GBX 640 to GBX 285 and set a “neutral” rating for the company in a report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,013 price objective on shares of Future in a research note on Friday, May 15th. Finally, JPMorgan Chase & Co. dropped their price objective on Future from GBX 750 to GBX 740 and set an “overweight” rating for the company in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 503.50.

View Our Latest Stock Report on Future

Future Stock Performance

The stock has a 50-day simple moving average of GBX 305.33 and a 200-day simple moving average of GBX 374.06. The company has a debt-to-equity ratio of 38.86, a current ratio of 0.95 and a quick ratio of 0.60. The stock has a market cap of £260.42 million, a PE ratio of 7.83, a P/E/G ratio of 0.64 and a beta of 1.32.

Future (LON:FUTRGet Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported GBX 13.10 EPS for the quarter. The company had revenue of £349.10 million for the quarter. Future had a return on equity of 3.57% and a net margin of 5.14%. Equities analysts predict that Future plc will post 116.6270784 earnings per share for the current fiscal year.

About Future

(Get Free Report)

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

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