WPP (LON:WPP) Shares Down 18.8% - Should You Sell?

WPP plc (LON:WPP - Get Free Report)'s stock price fell 18.8% on Wednesday . The stock traded as low as GBX 426 ($5.79) and last traded at GBX 428.60 ($5.82). 16,481,008 shares changed hands during trading, an increase of 92% from the average session volume of 8,598,831 shares. The stock had previously closed at GBX 527.60 ($7.17).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. dropped 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 report on Thursday.

WPP Price Performance

The company has a market capitalization of £4.67 billion, a price-to-earnings ratio of 22.89, a price-to-earnings-growth ratio of 13.47 and a beta of 1.13. The company has a 50-day moving average price of GBX 560.67 and a 200-day moving average price of GBX 637.76. The company has a debt-to-equity ratio of 215.67, a quick ratio of 0.89 and a current ratio of 0.89.

WPP Company Profile

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.