Shares of ITV plc (LON:ITV - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 74.65 ($1.01) and traded as high as GBX 82 ($1.11). ITV shares last traded at GBX 80.85 ($1.10), with a volume of 10,574,112 shares traded.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 115 ($1.56) target price on shares of ITV in a research note on Wednesday, March 12th.
Check Out Our Latest Stock Report on ITV
ITV Stock Performance
The stock has a market cap of £3.18 billion, a PE ratio of 7.54, a price-to-earnings-growth ratio of -0.53 and a beta of 1.44. 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 firm has a 50 day moving average price of GBX 77.07 and a 200 day moving average price of GBX 75.03.
Insider Activity
In other news, insider Chris Kennedy sold 398,708 shares of the firm's stock in a transaction on Monday, April 7th. The stock was sold at an average price of GBX 68 ($0.92), for a total transaction of £271,121.44 ($368,121.44). Also, insider Carolyn McCall sold 267,242 shares of ITV stock in a transaction dated Friday, March 28th. The shares were sold at an average price of GBX 79 ($1.07), for a total value of £211,121.18 ($286,654.69). Insiders own 10.64% of the company's stock.
ITV Company Profile
(
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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.
Further Reading
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