ITV plc (LON:ITV - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 73.46 ($0.98) and traded as high as GBX 77.15 ($1.03). ITV shares last traded at GBX 75.50 ($1.00), with a volume of 25,875,461 shares changing hands.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and set a GBX 115 ($1.53) price objective on shares of ITV in a research note on Wednesday, March 12th.
Check Out Our Latest Report on ITV
ITV Stock Performance
The company has a debt-to-equity ratio of 46.00, a quick ratio of 0.83 and a current ratio of 1.56. The stock has a fifty day simple moving average of GBX 75.21 and a two-hundred day simple moving average of GBX 73.45. The stock has a market cap of £3.12 billion, a PE ratio of 7.38, a PEG ratio of -0.53 and a beta of 1.44.
ITV (LON:ITV - Get Free Report) last announced its earnings results on Thursday, March 6th. The broadcaster reported GBX 9.60 ($0.13) earnings per share for the quarter. ITV had a net margin of 12.11% and a return on equity of 23.62%. Equities analysts anticipate that ITV plc will post 1120 EPS for the current fiscal year.
ITV Cuts Dividend
The firm also recently declared a dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, April 10th will be paid a GBX 3.30 ($0.04) dividend. This represents a dividend yield of 4.15%. The ex-dividend date of this dividend is Thursday, April 10th. ITV's dividend payout ratio (DPR) is 45.68%.
Insiders Place Their Bets
In related news, insider Carolyn McCall sold 267,242 shares of the stock in a transaction dated Friday, March 28th. The shares were sold at an average price of GBX 79 ($1.05), for a total transaction of £211,121.18 ($280,783.59). Also, insider Chris Kennedy sold 398,708 shares of the business's stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of GBX 68 ($0.90), for a total value of £271,121.44 ($360,581.78). 10.64% of the stock is owned by company insiders.
ITV Company Profile
(
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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