Future (LON:FUTR) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Future plc (LON:FUTR) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 994.78 ($12.10) and traded as low as GBX 888 ($10.80). Future shares last traded at GBX 913.50 ($11.11), with a volume of 470,172 shares.

Wall Street Analyst Weigh In

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

Future Stock Up 0.2 %

The company has a market cap of £991.25 million, a PE ratio of 1,183.55, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01. The company has a fifty day moving average of GBX 933.72 and a two-hundred day moving average of GBX 992.16. The company has a debt-to-equity ratio of 32.94, a quick ratio of 0.60 and a current ratio of 0.78.

Future Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, February 11th. Investors of record on Thursday, January 16th will be issued a dividend of GBX 3.40 ($0.04) per share. This represents a yield of 0.35%. The ex-dividend date of this dividend is Thursday, January 16th. Future’s payout ratio is currently 394.74%.

Future Company Profile

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