Future (LON:FUTR) Stock Price Up 9.9% - What's Next?

Future plc (LON:FUTR - Get Free Report) shot up 9.9% on Tuesday . The stock traded as high as GBX 736.50 ($9.80) and last traded at GBX 727.50 ($9.68). 5,957,146 shares traded hands during mid-day trading, an increase of 662% from the average session volume of 782,237 shares. The stock had previously closed at GBX 662 ($8.81).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upgraded Future to a "hold" rating and set a GBX 733 ($9.75) price target for the company in a research note on Tuesday, April 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of GBX 1,060 ($14.10).

Future Trading Down 0.6 %

The firm has a market capitalization of £778.53 million, a P/E ratio of 9.21, a PEG 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 firm has a 50 day moving average of GBX 830.65 and a 200-day moving average of GBX 896.11.

Future Announces Dividend

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

Future Company Profile

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