Future (LON:FUTR) Stock Price Crosses Below 200-Day Moving Average - Time to Sell?

Future plc (LON:FUTR - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 892.14 ($11.99) and traded as low as GBX 690 ($9.27). Future shares last traded at GBX 711.50 ($9.56), with a volume of 216,914 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upgraded Future to a "hold" rating and set a GBX 733 ($9.85) price objective on the stock in a report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of GBX 1,060 ($14.24).

Future Price Performance

The company has a market capitalization of £778.53 million, a PE ratio of 9.21, a PEG ratio of 0.64 and a beta of 1.01. The firm has a fifty day moving average of GBX 798.61 and a two-hundred day moving average of GBX 884.38. The company has a current ratio of 0.69, a quick ratio of 0.60 and a debt-to-equity ratio of 31.50.

Future Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, February 11th. Investors of record on Thursday, January 16th were issued a dividend of GBX 3.40 ($0.05) per share. This represents a yield of 0.35%. The ex-dividend date was Thursday, January 16th. Future's dividend payout ratio is presently 3.84%.

Future Company Profile

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