WPP plc (LON:WPP - Get Free Report) shares traded down 18.8% during mid-day trading on Wednesday . The stock traded as low as GBX 426 ($5.75) and last traded at GBX 428.60 ($5.78). 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 ($7.12).
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. decreased their target price on shares of WPP from GBX 590 ($7.96) to GBX 480 ($6.48) and set a "neutral" rating for the company in a research note on Thursday.
Check Out Our Latest Stock Analysis on WPP
WPP Price Performance
The company's 50 day moving average price is GBX 554.35 and its 200-day moving average price is GBX 632.21. The company has a market cap of £4.54 billion, a price-to-earnings ratio of 22.23, a PEG ratio of 13.47 and a beta of 1.13. 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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