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WPP (LON:WPP) Trading Down 15.1% - Here's What Happened

WPP logo with Communication Services background

WPP plc (LON:WPP - Get Free Report) shares traded down 15.1% on Wednesday . The company traded as low as GBX 447.70 ($6.09) and last traded at GBX 448 ($6.09). 113,859,727 shares changed hands during mid-day trading, an increase of 1,119% from the average session volume of 9,342,180 shares. The stock had previously closed at GBX 527.60 ($7.17).

WPP Stock Performance

The stock has a 50-day moving average of GBX 563.62 and a 200-day moving average of GBX 639.21. The firm has a market cap of £4.62 billion, a price-to-earnings ratio of 22.64, 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.

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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