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WPP (LON:WPP) Trading Down 17.2% - Here's What Happened

WPP logo with Communication Services background

WPP plc (LON:WPP - Get Free Report) traded down 17.2% on Wednesday . The stock traded as low as GBX 435.50 ($5.92) and last traded at GBX 437 ($5.94). 115,284,773 shares changed hands during trading, an increase of 1,133% from the average session volume of 9,353,059 shares. The stock had previously closed at GBX 527.60 ($7.17).

WPP Stock Performance

The firm has a 50 day moving average of GBX 563.62 and a two-hundred day moving average of GBX 639.21. 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 stock has a market cap of £4.61 billion, a PE ratio of 22.60, a PEG ratio of 13.47 and a beta of 1.13.

WPP Company Profile

(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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