Future (LON:FUTR) Stock Price Down 10.3% - Here's What Happened

Future plc (LON:FUTR - Get Free Report)'s share price fell 10.3% during trading on Saturday . The stock traded as low as GBX 668 ($8.97) and last traded at GBX 668 ($8.97). 2,912,707 shares changed hands during mid-day trading, an increase of 300% from the average session volume of 728,349 shares. The stock had previously closed at GBX 745 ($10.00).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised Future to a "hold" rating and set a GBX 733 ($9.84) price target on the stock in a research report on Tuesday, April 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Future currently has an average rating of "Hold" and an average target price of GBX 1,060 ($14.23).

Future Price Performance

The stock has a market capitalization of £708.36 million, a PE ratio of 8.38, a P/E/G ratio of 0.64 and a beta of 1.01. The company has a quick ratio of 0.60, a current ratio of 0.69 and a debt-to-equity ratio of 31.50. The stock's 50-day moving average is GBX 734.13 and its 200 day moving average is GBX 861.02.

Insider Buying and Selling at Future

In other news, insider Sharjeel Suleman sold 5,792 shares of Future stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of GBX 662 ($8.89), for a total transaction of £38,343.04 ($51,467.17). Company insiders own 8.16% of the company's stock.

About Future

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