ITV (LON:ITV) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

ITV plc (LON:ITV)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 79.42 and traded as high as GBX 79.90. ITV shares last traded at GBX 78.05, with a volume of 170,200,141 shares trading hands.

ITV Price Performance

The company has a debt-to-equity ratio of 48.72, a current ratio of 1.23 and a quick ratio of 0.83. The firm has a market capitalization of £2.91 billion, a price-to-earnings ratio of 15.93, a PEG ratio of -0.53 and a beta of 0.85. The business’s fifty day simple moving average is GBX 81.10 and its 200 day simple moving average is GBX 79.42.

ITV (LON:ITV) last announced its quarterly earnings data on Thursday, March 5th. The broadcaster reported GBX 8.50 earnings per share for the quarter. ITV had a net margin of 7.28% and a return on equity of 11.42%. On average, research analysts forecast that ITV plc will post 1120 EPS for the current year.

ITV Company Profile

ITV is a vertically integrated producer broadcaster and streamer, consisting of ITV Studios and Media & Entertainment.

ITV Studios is a scaled and global creator, owner and distributor of high-quality TV content. It operates in 12 countries, across 60+ labels and has a global distribution network. It is diversified by genre, geography and customer in the key creative markets around the world.

Media & Entertainment is the largest commercial broadcaster and streamer in the UK, delivering unrivalled audience scale and reach.