Future (LON:FUTR) Stock Passes Below Two Hundred Day Moving Average - Time to Sell?

Future plc (LON:FUTR - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,012.72 ($12.78) and traded as low as GBX 976.50 ($12.32). Future shares last traded at GBX 990 ($12.50), with a volume of 248,624 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "buy" rating on shares of Future in a research note on Thursday, September 19th.

Future Stock Down 2.5 %

The stock has a market capitalization of £1.06 billion, a P/E ratio of 1,270.39, a P/E/G ratio of 0.64 and a beta of 1.01. The company has a current ratio of 0.78, a quick ratio of 0.60 and a debt-to-equity ratio of 32.94. The stock's 50 day simple moving average is GBX 926.52 and its 200 day simple moving average is GBX 1,012.19.

Future Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Thursday, January 16th will be given a dividend of GBX 3.40 ($0.04) per share. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 0.35%. Future's payout ratio is 394.74%.

Future Company Profile

Future plc, together with its subsidiaries, publishes and distributes content for games, entertainment, technology, sports, savings and wealth, lifestyle, knowledge and news, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments. The company offers content through various forms, such as websites, email newsletters, videos, social platforms, magazines, and events, as well as advertising comprising digital advertising, AVOD, newsletters, events, and lead generation; eCommerce, including print and digital subscriptions, and newstrade; and direct consumer monetisation frameworks.