Future (LON:FUTR) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Future plc (LON:FUTR) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 919.46 ($11.54) and traded as high as GBX 933 ($11.71). Future shares last traded at GBX 927.50 ($11.64), with a volume of 101,480 shares traded.

Wall Street Analysts Forecast Growth

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

Future Stock Up 0.4 %

The business has a fifty day moving average price of GBX 919.46 and a two-hundred day moving average price of GBX 1,002.92. The firm has a market cap of £1.01 billion, a PE ratio of 1,209.87, 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 current ratio of 0.78 and a quick ratio of 0.60.

Future Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Thursday, January 16th will be paid a dividend of GBX 3.40 ($0.04) per share. The ex-dividend date is Thursday, January 16th. This represents a yield of 0.35%. Future’s dividend payout ratio (DPR) is presently 394.74%.

Future Company Profile

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