ITV plc (LON:ITV - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 64.49 ($0.81) and traded as high as GBX 76.65 ($0.96). ITV shares last traded at GBX 76.60 ($0.96), with a volume of 19,551,263 shares changing hands.
Wall Street Analyst Weigh In
A number of equities analysts have commented on ITV shares. Shore Capital reaffirmed a "buy" rating on shares of ITV in a research report on Thursday, January 25th. Numis Securities reaffirmed a "buy" rating on shares of ITV in a research note on Thursday, March 7th.
Check Out Our Latest Analysis on ITV
ITV Trading Up 2.2 %
The business has a fifty day moving average of GBX 71.26 and a 200-day moving average of GBX 64.58. The company has a debt-to-equity ratio of 48.85, a quick ratio of 0.83 and a current ratio of 1.55. The company has a market capitalization of £3.14 billion, a P/E ratio of 1,566.00, a PEG ratio of -0.53 and a beta of 1.45.
ITV Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Thursday, April 11th will be given a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date of this dividend is Thursday, April 11th. This is a positive change from ITV's previous dividend of $1.70. This represents a dividend yield of 5.41%. ITV's dividend payout ratio (DPR) is currently 10,000.00%.
Insider Activity
In other news, insider Sharmila Nebhrajani acquired 11,238 shares of the firm's stock in a transaction that occurred on Tuesday, March 12th. The stock was bought at an average price of GBX 71 ($0.89) per share, with a total value of £7,978.98 ($10,023.84). In other ITV news, insider Graham Cooke bought 16,996 shares of ITV stock in a transaction dated Wednesday, May 1st. The shares were purchased at an average cost of GBX 70 ($0.88) per share, with a total value of £11,897.20 ($14,946.23). Also, insider Sharmila Nebhrajani bought 11,238 shares of ITV stock in a transaction dated Tuesday, March 12th. The shares were acquired at an average cost of GBX 71 ($0.89) per share, for a total transaction of £7,978.98 ($10,023.84). Insiders own 10.74% of the company's stock.
About ITV
(
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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.
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