The Goldman Sachs Group upgraded shares of ITV (OTCMKTS:ITVPY – Free Report) to a hold rating in a report released on Tuesday morning,Zacks.com reports.
ITV Stock Performance
ITV stock opened at $10.29 on Tuesday. ITV has a 52 week low of $7.76 and a 52 week high of $11.02. The company’s 50-day moving average price is $9.45 and its two-hundred day moving average price is $9.43. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.55 and a quick ratio of 1.06.
ITV Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, June 6th. Investors of record on Friday, April 11th will be issued a dividend of $0.4265 per share. This is a boost 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.
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