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Future (LON:FUTR) Share Price Crosses Below 200 Day Moving Average - Here's What Happened

Future logo with Communication Services background

Future plc (LON:FUTR - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 799.25 ($10.73) and traded as low as GBX 705 ($9.47). Future shares last traded at GBX 721.92 ($9.69), with a volume of 480,486 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on FUTR shares. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Future in a report on Friday. Canaccord Genuity Group upgraded Future to a "hold" rating and set a GBX 733 ($9.84) price objective on the stock in a report on Tuesday, April 1st.

View Our Latest Research Report on FUTR

Future Trading Up 2.3%

The company has a market capitalization of £810.47 million, a price-to-earnings ratio of 9.59, a P/E/G ratio of 0.64 and a beta of 1.01. The company has a 50-day moving average price of GBX 708.74 and a 200-day moving average price of GBX 797.45. The company has a quick ratio of 0.60, a current ratio of 0.69 and a debt-to-equity ratio of 31.50.

Insiders Place Their Bets

In related news, insider Sharjeel Suleman acquired 7,682 shares of the company's stock in a transaction that occurred on Thursday, May 22nd. The stock was acquired at an average price of GBX 648 ($8.70) per share, for a total transaction of £49,779.36 ($66,844.85). Also, insider Kevin Li Ying bought 15,449 shares of the company's stock in a transaction on Thursday, May 22nd. The shares were bought at an average price of GBX 647 ($8.69) per share, for a total transaction of £99,955.03 ($134,221.87). 8.16% of the stock is currently owned by company insiders.

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

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