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.
Check Out Our Latest Stock Report on WPP
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
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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.
Further Reading
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