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Future (LON:FUTR) Shares Cross Below Two Hundred Day Moving Average - Should You Sell?

Future logo with Communication Services background
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Key Points

  • Future plc's shares have dropped below their 200-day moving average, trading as low as GBX 281 and last at GBX 283.80 on heavy volume (≈1.44M shares), indicating a bearish technical signal.
  • Analysts have pared price targets and turned more cautious—several firms cut targets and ratings—resulting in an average consensus of "Hold" with an average target of GBX 665.80.
  • The company shows a small market cap (£259.8M) and a low P/E of 4.53, while an insider recently bought shares at GBX 518 and insiders own 4.46%, presenting mixed valuation and insider signals.
  • MarketBeat previews top five stocks to own in June.

Future plc (LON:FUTR - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 527.98 and traded as low as GBX 281. Future shares last traded at GBX 283.80, with a volume of 1,435,544 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Barclays dropped their target price on Future from GBX 640 to GBX 285 and set a "neutral" rating on the stock in a report on Wednesday, April 1st. Jefferies Financial Group lowered Future to a "hold" rating and dropped their price objective for the stock from GBX 1,220 to GBX 466 in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft dropped their price objective on Future from GBX 1,875 to GBX 1,013 and set a "buy" rating on the stock in a report on Wednesday, April 1st. Finally, Berenberg Bank lowered Future to a "hold" rating and dropped their price objective for the stock from GBX 970 to GBX 330 in a report on Wednesday, April 1st. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of GBX 665.80.

Get Our Latest Report on Future

Future Price Performance

The stock has a fifty day moving average of GBX 414.79 and a two-hundred day moving average of GBX 527.98. The stock has a market cap of £259.83 million, a price-to-earnings ratio of 4.53, a price-to-earnings-growth ratio of 0.64 and a beta of 1.34. The company has a quick ratio of 0.60, a current ratio of 0.96 and a debt-to-equity ratio of 32.47.

Insiders Place Their Bets

In other Future news, insider Ivana Kirkbride acquired 1,000 shares of the company's stock in a transaction that occurred on Wednesday, February 4th. The shares were purchased at an average price of GBX 518 per share, with a total value of £5,180. 4.46% of the stock is owned by corporate 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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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