ITV plc (LON:ITV - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 76.57 ($1.03) and traded as high as GBX 80.10 ($1.08). ITV shares last traded at GBX 79.60 ($1.08), with a volume of 3,568,085 shares changing hands.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. increased their price objective on shares of ITV from GBX 110 ($1.49) to GBX 112 ($1.51) and gave the company an "overweight" rating in a research report on Friday.
View Our Latest Stock Analysis on ITV
ITV Trading Down 3.0%
The business has a 50 day simple moving average of GBX 80.13 and a two-hundred day simple moving average of GBX 76.74. 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 stock has a market cap of £3.28 billion, a price-to-earnings ratio of 7.78, a price-to-earnings-growth ratio of -0.53 and a beta of 1.44.
ITV (LON:ITV - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The broadcaster reported GBX 1.80 ($0.02) earnings per share for the quarter. ITV had a net margin of 12.11% and a return on equity of 23.62%. As a group, equities analysts anticipate 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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