Shares of ITV plc (LON:ITV - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 75.28 ($1.01) and traded as high as GBX 83.60 ($1.12). ITV shares last traded at GBX 82.75 ($1.11), with a volume of 5,622,591 shares trading hands.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 115 ($1.54) price target on shares of ITV in a research note on Wednesday, March 12th.
View Our Latest Research Report on ITV
ITV Stock Down 0.2%
The company has a current ratio of 1.56, a quick ratio of 0.83 and a debt-to-equity ratio of 46.00. The firm's 50 day simple moving average is GBX 78.62 and its 200-day simple moving average is GBX 75.41. The stock has a market capitalization of £3.17 billion, a price-to-earnings ratio of 7.51, a price-to-earnings-growth ratio of -0.53 and a beta of 1.44.
Insider Activity
In other news, insider Chris Kennedy sold 398,708 shares of ITV stock in a transaction dated Monday, April 7th. The shares were sold at an average price of GBX 68 ($0.91), for a total value of £271,121.44 ($363,970.25). Also, insider Sharmila Nebhrajani acquired 11,930 shares of the firm's stock in a transaction dated Friday, April 11th. The stock was purchased at an average cost of GBX 67 ($0.90) per share, with a total value of £7,993.10 ($10,730.43). Insiders own 10.64% of the company's stock.
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.
Further Reading
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