WPP Stock Summary and Trading Ideas (WPP PLC American Depositary Shares | NYSE:WPP)

Headquartered in the United Kingdom, WPP is the world's largest ad holding company based on annual revenue. Its services, which include traditional and digital advertising, public relations, and consulting, are provided worldwide, with over 70% of its revenue coming from more developed regions such as North America, the UK, and Western Europe.

WPP PLC American Depositary Shares trades on the NYSE stock market under the symbol WPP.

As of May 15, 2024, WPP stock price climbed to $53.59 with 71,985 million shares trading.

WPP has a beta of 1.02, meaning it tends to be more sensitive to market movements. WPP has a correlation of 0.25 to the broad based SPY ETF.

WPP has a market cap of $11.56 billion. This is considered a Large Cap stock.

In the last 3 years, WPP stock traded as high as $83.70 and as low as $39.67.

The top ETF exchange traded funds that WPP belongs to (by Net Assets): ICOW, DFIC, APIE, DFAX, AVDE.

WPP stock has underperformed the market in the last year with a return of -0.3%, while SPY returned +29.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in WPP shares. However, WPP has outperformed the market in the last 3 month and 2 week periods, returning +10.0% and +6.7%, while SPY returned +5.8% and +5.9%, respectively. This indicates WPP has been having a stronger performance recently.

WPP support price is $52.56 and resistance is $53.91 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WPP stock will trade within this expected range on the day.