Future (LON:FUTR) Trading 9.9% Higher - Time to Buy?

Shares of Future plc (LON:FUTR - Get Free Report) traded up 9.9% on Tuesday . The company traded as high as GBX 736.50 ($9.79) and last traded at GBX 727.50 ($9.67). 5,957,146 shares traded hands during trading, an increase of 662% from the average session volume of 782,237 shares. The stock had previously closed at GBX 662 ($8.80).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised Future to a "hold" rating and set a GBX 733 ($9.75) price target for the company 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. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of GBX 1,060 ($14.09).

Future Stock Down 0.6 %

The company has a market cap of £778.53 million, a price-to-earnings ratio of 9.21, a P/E/G ratio of 0.64 and a beta of 1.01. The company has a debt-to-equity ratio of 31.50, a current ratio of 0.69 and a quick ratio of 0.60. The firm has a 50-day moving average price of GBX 830.65 and a 200 day moving average price of GBX 896.90.

Future Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, February 11th. Stockholders of record on Thursday, January 16th were given a GBX 3.40 ($0.05) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a dividend yield of 0.35%. Future's payout ratio is presently 3.84%.

Future Company Profile

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