Future (LON:FUTR) Stock Price Up 9.9% - Here's Why

Future plc (LON:FUTR - Get Free Report)'s stock price traded up 9.9% during trading on Monday . 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 Future to a "hold" rating and set a GBX 733 ($9.75) price objective for the company in a research 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 assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of GBX 1,060 ($14.09).

Future Stock Performance

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 stock has a fifty day simple moving average of GBX 830.65 and a two-hundred day simple moving average of GBX 896.90. The firm 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.

Future Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 11th. Investors of record on Thursday, January 16th were given a dividend of GBX 3.40 ($0.05) per share. 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