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ITV (LON:ITV) Sets New 52-Week High - Should You Buy?

ITV logo with Communication Services background

Shares of ITV plc (LON:ITV - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as GBX 87.35 ($1.19) and last traded at GBX 87.05 ($1.18), with a volume of 69478586 shares changing hands. The stock had previously closed at GBX 77.50 ($1.05).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reiterated an "overweight" rating on shares of ITV in a research report on Monday, July 14th.

Read Our Latest Analysis on ITV

ITV Price Performance

The company has a quick ratio of 0.83, a current ratio of 1.56 and a debt-to-equity ratio of 46.00. The stock has a market capitalization of £3.39 billion, a PE ratio of 8.02, a PEG ratio of -0.53 and a beta of 1.44. The company has a 50-day moving average of GBX 79.94 and a 200 day moving average of GBX 76.63.

ITV (LON:ITV - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The broadcaster reported GBX 1.80 ($0.02) EPS for the quarter. ITV had a return on equity of 23.62% and a net margin of 12.11%. Sell-side analysts predict that ITV plc will post 1120 EPS for the current year.

About ITV

(Get Free Report)

ITV is a vertically integrated producer broadcaster and streamer, consisting of ITV Studios and Media & Entertainment. ITV Studios is a scaled and global creator, owner and distributor of high-quality TV content. It operates in 12 countries, across 60+ labels and has a global distribution network.

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