Future (LON:FUTR) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Future plc (LON:FUTR) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 994.78 ($12.18) and traded as low as GBX 888 ($10.87). Future shares last traded at GBX 913.50 ($11.18), with a volume of 470,172 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of Future in a research note on Thursday, September 19th.

Future Price Performance

The company has a fifty day simple moving average of GBX 933.54 and a 200 day simple moving average of GBX 994.78. The stock has a market capitalization of £992.90 million, a price-to-earnings ratio of 1,185.53, a P/E/G ratio of 0.64 and a beta of 1.01. The company has a debt-to-equity ratio of 32.94, a quick ratio of 0.60 and a current ratio of 0.78.

Future Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 11th. Investors of record on Thursday, January 16th will be paid a GBX 3.40 ($0.04) dividend. This represents a dividend yield of 0.35%. The ex-dividend date is Thursday, January 16th. Future’s dividend payout ratio is currently 394.74%.

About Future

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