ITV plc (LON:ITV - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 74.14 ($1.00) and traded as high as GBX 78.75 ($1.07). ITV shares last traded at GBX 77.80 ($1.05), with a volume of 11,010,752 shares changing hands.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 115 ($1.56) price target on shares of ITV in a report on Wednesday, March 12th.
Get Our Latest Stock Report on ITV
ITV Stock Performance
The stock has a market capitalization of £2.96 billion, a P/E ratio of 7.01, a P/E/G ratio of -0.53 and a beta of 1.44. The stock has a 50 day moving average of GBX 76.43 and a 200 day moving average of GBX 74.16. The company has a debt-to-equity ratio of 46.00, a quick ratio of 0.83 and a current ratio of 1.56.
ITV (LON:ITV - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The broadcaster reported GBX 9.60 ($0.13) EPS for the quarter. ITV had a return on equity of 23.62% and a net margin of 12.11%. Equities analysts predict that ITV plc will post 1120 EPS for the current year.
ITV Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, April 10th were given a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date was Thursday, April 10th. This represents a yield of 4.15%. ITV's dividend payout ratio (DPR) is presently 45.68%.
Insiders Place Their Bets
In other news, insider Carolyn McCall sold 267,242 shares of the company's stock in a transaction on Friday, March 28th. The stock was sold at an average price of GBX 79 ($1.07), for a total value of £211,121.18 ($286,110.83). Also, insider Sharmila Nebhrajani acquired 11,930 shares of the business's stock in a transaction dated Friday, April 11th. The stock was purchased at an average price of GBX 67 ($0.91) per share, with a total value of £7,993.10 ($10,832.23). 10.64% of the stock is currently owned by insiders.
About ITV
(
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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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