Future (LON:FUTR) Shares Down 10.3% – Here’s What Happened

Future plc (LON:FUTR) shares traded down 10.3% during mid-day trading on Saturday . The company traded as low as GBX 668 ($8.88) and last traded at GBX 668 ($8.88). 2,912,707 shares changed hands during mid-day trading, an increase of 300% from the average session volume of 728,349 shares. The stock had previously closed at GBX 745 ($9.91).

Analyst Ratings Changes

Separately, Canaccord Genuity Group upgraded shares of Future to a “hold” rating and set a GBX 733 ($9.75) target price on the stock in a report on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 1,060 ($14.10).

Future Price Performance

The stock has a market capitalization of £723.31 million, a P/E ratio of 8.56, a P/E/G ratio of 0.64 and a beta of 1.01. The firm has a fifty day moving average price of GBX 747.05 and a two-hundred day moving average price of GBX 865.77. The company has a quick ratio of 0.60, a current ratio of 0.69 and a debt-to-equity ratio of 31.50.

Future Company Profile

Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams