WPP plc (LON:WPP - Get Free Report) shares traded down 15.1% during mid-day trading on Wednesday . The company traded as low as GBX 447.70 ($6.08) and last traded at GBX 448 ($6.09). 113,859,727 shares traded hands during 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).
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. decreased their price objective on WPP from GBX 590 ($8.02) to GBX 480 ($6.52) and set a "neutral" rating for the company in a research note on Thursday.
View Our Latest Research Report on WPP
WPP Stock Performance
The business has a 50 day simple moving average of GBX 560.67 and a 200 day simple moving average of GBX 637.76. 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 company has a market capitalization of £4.67 billion, a PE ratio of 22.89, a PEG ratio of 13.47 and a beta of 1.13.
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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