ITV (OTCMKTS:ITVPY) Trading Up 5.5% – Here’s What Happened

Shares of ITV plc (OTCMKTS:ITVPY) shot up 5.5% on Friday . The company traded as high as $8.21 and last traded at $8.21. 832 shares traded hands during trading, a decline of 97% from the average session volume of 29,399 shares. The stock had previously closed at $7.78.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of ITV to a “hold” rating in a report on Friday, July 26th.

ITV Stock Performance

The company has a debt-to-equity ratio of 0.41, a current ratio of 1.55 and a quick ratio of 1.06. The business’s 50-day moving average is $9.68 and its 200 day moving average is $10.02.

ITV Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, December 11th. Investors of record on Friday, October 18th will be paid a $0.1819 dividend. The ex-dividend date of this dividend is Friday, October 18th.

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.