Shares of ITV plc (LON:ITV - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 67.88 ($0.86) and traded as high as GBX 80.85 ($1.03). ITV shares last traded at GBX 80.30 ($1.02), with a volume of 54,934,926 shares changing hands.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on ITV. Numis Securities reiterated a "buy" rating on shares of ITV in a research note on Thursday, March 7th. Citigroup reiterated a "buy" rating and issued a GBX 110 ($1.40) price target on shares of ITV in a research note on Thursday, June 6th.
Get Our Latest Analysis on ITV
ITV Stock Up 4.7 %
The company has a market capitalization of £3.19 billion, a P/E ratio of 1,606.00, a PEG ratio of -0.53 and a beta of 1.45. The company has a current ratio of 1.55, a quick ratio of 0.83 and a debt-to-equity ratio of 48.85. The stock has a 50 day moving average price of GBX 75.27 and a 200 day moving average price of GBX 67.93.
Insider Buying and Selling
In related news, insider Graham Cooke bought 16,996 shares of the stock in a transaction that occurred on Wednesday, May 1st. The stock was acquired at an average cost of GBX 70 ($0.89) per share, with a total value of £11,897.20 ($15,117.15). 10.39% of the stock is owned by corporate insiders.
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.
Further Reading
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