ITV (LON:ITV) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

ITV plc (LON:ITVGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 79.46 and traded as high as GBX 83.80. ITV shares last traded at GBX 82.65, with a volume of 14,915,119 shares trading hands.

ITV Trading Up 0.2%

The company has a debt-to-equity ratio of 52.19, a current ratio of 1.54 and a quick ratio of 0.83. The stock’s 50 day moving average is GBX 81 and its 200-day moving average is GBX 79.46. The company has a market capitalization of £3.09 billion, a P/E ratio of 16.87, a P/E/G ratio of -0.53 and a beta of 0.85.

ITV (LON:ITVGet Free Report) last posted its quarterly earnings data on Thursday, March 5th. The broadcaster reported GBX 8.50 earnings per share for the quarter. ITV had a return on equity of 9.43% and a net margin of 6.12%. As a group, equities research analysts anticipate that ITV plc will post 1120 earnings per share for the current year.

ITV Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for ITV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITV and related companies with MarketBeat.com's FREE daily email newsletter.