WPP plc (LON:WPP - Get Free Report)'s stock price traded down 18.8% on Wednesday . The stock traded as low as GBX 426 ($5.75) and last traded at GBX 428.60 ($5.78). 16,481,008 shares were traded during trading, an increase of 92% from the average session volume of 8,598,831 shares. The stock had previously closed at GBX 527.60 ($7.12).
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. cut their price target on WPP from GBX 590 ($7.96) to GBX 480 ($6.48) and set a "neutral" rating on the stock in a research note on Thursday.
Check Out Our Latest Stock Report on WPP
WPP Stock Performance
The stock has a market cap of £4.54 billion, a PE ratio of 22.23, a price-to-earnings-growth 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 firm has a 50 day moving average price of GBX 554.35 and a 200 day moving average price of GBX 632.21.
About WPP
(
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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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