ITV (OTCMKTS:ITVPY) Trading Down 0.3% - Time to Sell?

ITV plc (OTCMKTS:ITVPY - Get Free Report)'s stock price fell 0.3% on Friday . The company traded as low as $10.63 and last traded at $10.66. 7,206 shares were traded during mid-day trading, an increase of 134% from the average session volume of 3,078 shares. The stock had previously closed at $10.69.

Wall Street Analyst Weigh In

ITVPY has been the subject of a number of recent analyst reports. UBS Group lowered ITV from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 9th. The Goldman Sachs Group raised shares of ITV to a "hold" rating in a research report on Tuesday, March 25th.

ITV Stock Down 1.8 %

The company has a debt-to-equity ratio of 0.41, a current ratio of 1.55 and a quick ratio of 1.06. The company's fifty day moving average price is $9.95 and its 200 day moving average price is $9.33.

ITV Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 6th. Investors of record on Friday, April 11th will be paid a dividend of $0.4265 per share. This is an increase from ITV's previous dividend of $0.18. The ex-dividend date of this dividend is Friday, April 11th.

About ITV

ITV plc, an integrated production, broadcasting, and streaming company, which creates, owns, and distributes content on various platforms worldwide. It operates through ITV Studios and Media & Entertainment segments. The ITV Studios segment creates and produces programs and formats that include sports, drama, entertainment, factual, and news for its own channels and other broadcasters.