Future plc (LON:FUTR - Get Free Report) shot up 9.9% during mid-day trading 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 were traded 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).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group upgraded shares of Future to a "hold" rating and set a GBX 733 ($9.75) price objective on the stock in a report on Tuesday, April 1st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Future currently has an average rating of "Hold" and a consensus price target of GBX 1,060 ($14.09).
Check Out Our Latest Report on FUTR
Future Price Performance
The stock has a market capitalization of £778.53 million, a P/E ratio of 9.21, 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 830.65 and a two-hundred day moving average price of GBX 896.90. 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 Announces Dividend
The company also recently declared a dividend, which was paid on Tuesday, February 11th. Stockholders of record on Thursday, January 16th were issued a dividend of GBX 3.40 ($0.05) per share. This represents a dividend yield of 0.35%. The ex-dividend date was Thursday, January 16th. Future's payout ratio is 3.84%.
About Future
(
Get Free Report)
Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams
Read More
Before you consider Future, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Future wasn't on the list.
While Future currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
