Future (LON:FUTR) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Future plc (LON:FUTR) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,009.99 ($12.69) and traded as low as GBX 932.50 ($11.72). Future shares last traded at GBX 953.50 ($11.98), with a volume of 428,035 shares.

Analysts Set New Price Targets

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

Future Price Performance

The firm has a fifty day moving average of GBX 923.45 and a 200 day moving average of GBX 1,009.25. The company has a current ratio of 0.78, a quick ratio of 0.60 and a debt-to-equity ratio of 32.94. The company has a market capitalization of £1.05 billion, a P/E ratio of 1,254.61, a P/E/G ratio of 0.64 and a beta of 1.01.

Future Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Thursday, January 16th will be paid a dividend of GBX 3.40 ($0.04) per share. The ex-dividend date of this dividend is Thursday, January 16th. This represents a 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