ITV (OTCMKTS:ITVPY) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Shares of ITV plc (OTCMKTS:ITVPY) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $10.32 and traded as low as $9.45. ITV shares last traded at $9.56, with a volume of 27,328 shares changing hands.

Analyst Upgrades and Downgrades

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

ITV Trading Up 0.3 %

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 stock’s fifty day moving average price is $10.27 and its two-hundred day moving average price is $10.07.

ITV Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, December 11th. Investors of record on Friday, October 18th will be given a $0.1819 dividend. The ex-dividend date 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.