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WPP (LON:WPP) Shares Down 18.8% - Should You Sell?

WPP logo with Communication Services background

WPP plc (LON:WPP - Get Free Report)'s stock price was down 18.8% during trading on Wednesday . The company traded as low as GBX 426 ($5.79) and last traded at GBX 428.60 ($5.82). Approximately 16,481,008 shares traded hands during mid-day trading, an increase of 92% from the average daily volume of 8,598,831 shares. The stock had previously closed at GBX 527.60 ($7.17).

WPP Stock Down 18.8%

The company has a market cap of £4.62 billion, a P/E ratio of 22.64, a P/E/G ratio of 13.47 and a beta of 1.13. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 215.67. The business's 50 day moving average is GBX 560.67 and its 200 day moving average is GBX 637.76.

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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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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