WPP (LON:WPP) Stock Price Down 15.8% - Should You Sell?

Shares of WPP plc (LON:WPP - Get Free Report) were down 15.8% during trading on Wednesday . The company traded as low as GBX 426 ($5.75) and last traded at GBX 444 ($5.99). Approximately 122,111,563 shares were traded during trading, an increase of 1,198% from the average daily volume of 9,405,171 shares. The stock had previously closed at GBX 527.60 ($7.12).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reduced their price target on shares of WPP from GBX 590 ($7.96) to GBX 480 ($6.48) and set a "neutral" rating on the stock in a report on Thursday.

WPP Stock Down 2.9%

The firm has a market capitalization of £4.54 billion, a PE ratio of 22.23, a P/E/G ratio of 13.47 and a beta of 1.13. The firm's 50 day moving average price is GBX 554.35 and its two-hundred day moving average price is GBX 632.21. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 215.67.

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.