Future plc (LON:FUTR - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 717.57 ($9.63) and traded as low as GBX 646.50 ($8.68). Future shares last traded at GBX 650.74 ($8.74), with a volume of 341,452 shares.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Future in a report on Friday, July 18th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,014.50.
Read Our Latest Report on Future
Future Stock Down 0.2%
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 company's fifty day simple moving average is GBX 719.90 and its 200 day simple moving average is GBX 717.57. The firm has a market capitalization of £642.37 million, a PE ratio of 854.22, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01.
Future announced that its Board of Directors has approved a stock buyback program on Friday, August 1st that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.
Future Company Profile
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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 and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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