WPP plc (LON:WPP - Get Free Report) was down 15.1% during trading on Wednesday . The company traded as low as GBX 447.70 ($6.04) and last traded at GBX 448 ($6.04). Approximately 113,859,727 shares were traded during mid-day trading, an increase of 1,119% from the average daily volume of 9,342,180 shares. The stock had previously closed at GBX 527.60 ($7.12).
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. lowered their price objective on shares of 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.
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WPP Stock Performance
The company has a market capitalization 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 debt-to-equity ratio of 215.67, a quick ratio of 0.89 and a current ratio of 0.89. The stock's fifty day simple moving average is GBX 554.35 and its 200-day simple moving average is GBX 630.83.
WPP Company Profile
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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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