Future (LON:FUTR) Stock Price Drops Below 200-Day Moving Average—Should You Sell?
On Tuesday, shares of Future plc (LON:FUTR - Get Free Report) fell below their 200-day moving average in market trading. The 200-day moving average stands at GBX 970.64 ($12.24), but the stock traded as low as GBX 964 ($12.16). Currently, Future shares are priced at GBX 1,006 ($12.69), with a trading volume of 292,657 shares.
Future's Price Performance
The company's market capitalization is £1.10 billion. Its price-to-earnings (P/E) ratio is 13.07, accompanied by a P/E/G ratio of 0.64. Future has demonstrated a beta of 1.01, indicating its stock price is quite responsive to market changes. The company's financial ratios include a current ratio of 0.69, a quick ratio of 0.60, and a debt-to-equity ratio of 31.50. The fifty-day moving average for Future shares is GBX 937.75, while the 200-day moving average is GBX 970.64.
Future recently reported their quarterly earnings on Thursday, December 5th, revealing earnings per share (EPS) of GBX 124.60 ($1.57) for the quarter. The company recorded a return on equity of 8.41% and a net profit margin of 11.69%. Analysts forecast that Future plc will achieve an EPS of approximately 116.63 for the current financial year.
Future's Recent Dividend Announcement
Additionally, Future announced a dividend, which was distributed on Tuesday, February 11th. Investors who held shares as of Thursday, January 16th, received a dividend payment of GBX 3.40 ($0.04) per share. This dividend reflects a yield of 0.35%. The ex-dividend date for this payout was also January 16th, and Future’s current payout ratio is 3.84%.
Understanding Future's Company Profile
Future is well-established as a global platform for specialist media, leveraging proprietary technology and data while maintaining a diverse range of revenue streams.
Additional Insights
In the realm of stock recommendations, analysts have noted that there are five stocks currently favored over Future. These alternatives are highlighted as superior investment opportunities.
Given the fluctuation in Future's share price and recent performance metrics, potential investors are encouraged to consider the overall market dynamics and other investment options before making any new trades.
Future, Stocks, Investment