WPP plc (LON:WPP - Get Free Report)'s share price was down 16.5% on Wednesday . The company traded as low as GBX 426 ($5.79) and last traded at GBX 440.30 ($5.98). Approximately 123,022,313 shares were traded during trading, an increase of 1,207% from the average daily volume of 9,412,123 shares. The stock had previously closed at GBX 527.60 ($7.17).
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. lowered their price target on shares of WPP from GBX 590 ($8.02) to GBX 480 ($6.52) and set a "neutral" rating on the stock in a report on Thursday.
View Our Latest Stock Report on WPP
WPP Stock Performance
The company has a debt-to-equity ratio of 215.67, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market capitalization of £4.67 billion, a PE ratio of 22.89, a P/E/G ratio of 13.47 and a beta of 1.13. The company's fifty day simple moving average is GBX 560.67 and its 200 day simple moving average is GBX 637.76.
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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