WPP (LON:WPP) Reaches New 12-Month Low - Time to Sell?

WPP plc (LON:WPP - Get Free Report)'s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 508 ($6.65) and last traded at GBX 510.80 ($6.69), with a volume of 8320889 shares trading hands. The stock had previously closed at GBX 544.40 ($7.13).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lowered their price objective on WPP from GBX 1,040 ($13.61) to GBX 960 ($12.57) and set a "neutral" rating for the company in a research report on Tuesday, January 7th.

WPP Trading Up 0.8 %

The firm has a 50 day simple moving average of GBX 650.86 and a 200 day simple moving average of GBX 752.18. The firm has a market cap of £5.71 billion, a P/E ratio of 27.98, a P/E/G ratio of 13.47 and a beta of 1.13. The company has a debt-to-equity ratio of 215.67, a quick ratio of 0.89 and a current ratio of 0.89.

WPP (LON:WPP - Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported GBX 50.30 ($0.66) EPS for the quarter. WPP had a net margin of 1.37% and a return on equity of 5.92%. On average, equities research analysts predict that WPP plc will post 81.6125654 EPS for the current fiscal year.

WPP Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 4th. Stockholders of record on Thursday, June 5th will be given a GBX 24.40 ($0.32) dividend. This is a boost from WPP's previous dividend of $15.00. This represents a dividend yield of 3.91%. The ex-dividend date is Thursday, June 5th. WPP's payout ratio is currently 206.02%.

Insider Activity at WPP

In other news, insider Andrew Scott sold 50,492 shares of the business's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of GBX 634 ($8.30), for a total transaction of £320,119.28 ($419,004.29). Also, insider Joanne Wilson sold 23,371 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of GBX 640 ($8.38), for a total value of £149,574.40 ($195,778.01). 0.22% of the stock is currently owned by insiders.

WPP Company Profile

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.