Shares of ITV plc (LON:ITV - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 63.93 ($0.80) and traded as high as GBX 71.25 ($0.89). ITV shares last traded at GBX 70.45 ($0.88), with a volume of 7,748,801 shares trading hands.
Wall Street Analyst Weigh In
ITV has been the subject of several recent research reports. Shore Capital reissued a "buy" rating on shares of ITV in a research note on Thursday, January 25th. Numis Securities reissued a "buy" rating on shares of ITV in a research note on Thursday, March 7th.
View Our Latest Analysis on ITV
ITV Stock Down 1.7 %
The firm has a 50 day moving average of GBX 66.10 and a 200 day moving average of GBX 63.93. The firm has a market cap of £2.77 billion, a price-to-earnings ratio of 1,396.00, a PEG ratio of -0.53 and a beta of 1.45. The company has a quick ratio of 0.83, a current ratio of 1.55 and a debt-to-equity ratio of 48.85.
ITV Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, May 23rd. Investors of record on Thursday, April 11th will be paid a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date of this dividend is Thursday, April 11th. This represents a yield of 5.41%. This is a boost from ITV's previous dividend of $1.70. ITV's dividend payout ratio (DPR) is currently 10,000.00%.
Insider Buying and Selling
In other ITV news, insider Sharmila Nebhrajani bought 11,238 shares of the firm's stock in a transaction that occurred on Tuesday, March 12th. The stock was acquired at an average price of GBX 71 ($0.88) per share, with a total value of £7,978.98 ($9,932.75). 10.72% of the stock is currently owned by insiders.
ITV Company Profile
(
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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.
Further Reading
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