WPP (LON:WPP) Trading Down 18.8% - Here's What Happened

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

WPP Stock Performance

The company has a debt-to-equity ratio of 215.67, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market cap of £4.62 billion, a P/E ratio of 22.64, a price-to-earnings-growth ratio of 13.47 and a beta of 1.13. The company's 50 day moving average price is GBX 563.62 and its 200-day moving average price is GBX 639.21.

About WPP

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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