WPP (LON:WPP) Reaches New 52-Week Low – Should You Sell?

WPP plc (LON:WPP)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 609.40 ($7.80) and last traded at GBX 618.60 ($7.91), with a volume of 4158196 shares traded. The stock had previously closed at GBX 639.40 ($8.18).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. decreased their price target on WPP from GBX 1,040 ($13.30) to GBX 960 ($12.28) and set a “neutral” rating on the stock in a research note on Tuesday, January 7th.

WPP Stock Performance

The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 215.67. The stock has a fifty day moving average of GBX 759.72 and a 200-day moving average of GBX 782.14. The stock has a market cap of £6.61 billion, a PE ratio of 32.39, a price-to-earnings-growth ratio of 13.47 and a beta of 1.13.

WPP (LON:WPP) last announced its quarterly earnings data on Thursday, February 27th. The company reported GBX 50.30 ($0.64) EPS for the quarter. WPP had a net margin of 1.37% and a return on equity of 5.92%. On average, equities analysts forecast that WPP plc will post 81.6125654 EPS for the current year.

About WPP

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.