The Goldman Sachs Group upgraded shares of ITV (OTCMKTS:ITVPY – Free Report) to a hold rating in a research report report published on Tuesday morning,Zacks.com reports.
ITV Stock Performance
ITV stock opened at $10.51 on Tuesday. The company’s 50 day simple moving average is $9.42 and its 200 day simple moving average is $9.42. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.55 and a quick ratio of 1.06. ITV has a fifty-two week low of $7.76 and a fifty-two week high of $11.02.
ITV Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, June 6th. Investors of record on Friday, April 11th will be given a $0.4265 dividend. The ex-dividend date of this dividend is Friday, April 11th. This is a boost from ITV’s previous dividend of $0.18.
About ITV
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.
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