WPP (LON:WPP) Sets New 1-Year Low - Here's What Happened

WPP plc (LON:WPP - Get Free Report) shares hit a new 52-week low on Wednesday . The company traded as low as GBX 609.40 ($7.87) and last traded at GBX 618.60 ($7.99), with a volume of 4158196 shares trading hands. The stock had previously closed at GBX 639.40 ($8.26).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. decreased their price target on shares of WPP from GBX 1,040 ($13.44) to GBX 960 ($12.40) and set a "neutral" rating on the stock in a report on Tuesday, January 7th.

WPP Stock Performance

The company has a market cap of £6.80 billion, a price-to-earnings ratio of 33.31, a price-to-earnings-growth ratio of 13.47 and a beta of 1.13. The stock's fifty day simple moving average is GBX 747.34 and its two-hundred day simple moving average is GBX 780.51. The company has a debt-to-equity ratio of 215.67, a quick ratio of 0.89 and a current ratio of 0.89.

WPP (LON:WPP - Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported GBX 50.30 ($0.65) EPS for the quarter. WPP had a net margin of 1.37% and a return on equity of 5.92%. Equities research analysts anticipate that WPP plc will post 81.6125654 EPS for the current year.

WPP Company Profile

WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities. At WPP we're reinventing creativity on an ever-broader canvas, bringing together unrivalled talent, resources and skills to provide an integrated offer of communications, experience, commerce and technology for clients.