ITV (LON:ITV) Stock Crosses Above 200 Day Moving Average of $77.58

ITV plc (LON:ITV) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 77.58 ($1.04) and traded as high as GBX 82.65 ($1.11). ITV shares last traded at GBX 80.05 ($1.07), with a volume of 6,437,057 shares.

Analyst Ratings Changes

A number of brokerages have recently commented on ITV. Shore Capital reissued a “buy” rating on shares of ITV in a report on Thursday, July 25th. Citigroup reiterated a “buy” rating and set a GBX 110 ($1.47) price target on shares of ITV in a report on Thursday, June 6th.

ITV Trading Down 0.0 %

The company has a quick ratio of 0.83, a current ratio of 1.60 and a debt-to-equity ratio of 45.31. The company has a 50-day moving average price of GBX 80.02 and a 200-day moving average price of GBX 77.64. The company has a market capitalization of £3.12 billion, a price-to-earnings ratio of 727.73, a P/E/G ratio of -0.53 and a beta of 1.44.

ITV Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Thursday, October 17th will be issued a GBX 1.70 ($0.02) dividend. This represents a yield of 2.02%. The ex-dividend date of this dividend is Thursday, October 17th. ITV’s dividend payout ratio (DPR) is currently 4,545.45%.

ITV Company Profile

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.