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WPP (LON:WPP) Reaches New 52-Week Low - Here's What Happened

WPP logo with Communication Services background

WPP plc (LON:WPP - Get Free Report)'s share price reached a new 52-week low on Thursday . The stock traded as low as GBX 410.20 ($5.51) and last traded at GBX 414.02 ($5.56), with a volume of 4343523 shares. The stock had previously closed at GBX 420.40 ($5.65).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. lowered their price objective on shares of WPP from GBX 590 ($7.92) to GBX 480 ($6.45) and set a "neutral" rating on the stock in a research note on Thursday, July 10th.

Get Our Latest Stock Report on WPP

WPP Stock Up 1.1%

The company has a market capitalization of £4.51 billion, a price-to-earnings ratio of 22.11, a price-to-earnings-growth ratio of 13.47 and a beta of 1.13. The firm's 50 day moving average price is GBX 540.97 and its two-hundred day moving average price is GBX 620.85. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 215.67.

About WPP

(Get Free Report)

WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities. At WPP we're reinventing creativity on an ever-broader canvas, bringing together unrivalled talent, resources and skills to provide an integrated offer of communications, experience, commerce and technology for clients.

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