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

ITV plc (LON:ITVGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 78.92 and traded as high as GBX 80.55. ITV shares last traded at GBX 79.95, with a volume of 188,654,797 shares changing hands.

ITV Stock Up 2.6%

The company has a market cap of £3.07 billion, a P/E ratio of 14.15, a P/E/G ratio of -0.53 and a beta of 0.81. 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 company’s 50-day moving average is GBX 79.42 and its two-hundred day moving average is GBX 78.94.

ITV (LON:ITVGet Free Report) last posted its earnings results on Thursday, March 5th. The broadcaster reported GBX 8.50 EPS for the quarter. ITV had a net margin of 7.28% and a return on equity of 11.42%. As a group, equities analysts predict that ITV plc will post 1120 earnings per share for the current fiscal year.

About ITV

(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.

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