Future (LON:FUTR) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Future plc (LON:FUTR) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 919.46 ($11.51) and traded as high as GBX 933 ($11.68). Future shares last traded at GBX 927.50 ($11.61), with a volume of 101,480 shares traded.

Wall Street Analyst Weigh In

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

Future Stock Performance

The company has a debt-to-equity ratio of 32.94, a current ratio of 0.78 and a quick ratio of 0.60. The company has a market cap of £1.02 billion, a price-to-earnings ratio of 1,219.74, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01. The stock has a 50-day moving average price of GBX 923.85 and a 200 day moving average price of GBX 1,000.87.

Future Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Thursday, January 16th will be issued 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 currently 394.74%.

Future Company Profile

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