Future (LON:FUTR) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Future plc (LON:FUTR) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 changing hands.

Analysts Set New Price Targets

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

Future Trading Down 0.9 %

The company has a quick ratio of 0.60, a current ratio of 0.78 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. The firm’s 50-day moving average price is GBX 924.05 and its 200 day moving average price is GBX 1,009.99.

Future Announces Dividend

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