ITV (OTCMKTS:ITVPY) Rating Lowered to Strong Sell at UBS Group

UBS Group lowered shares of ITV (OTCMKTS:ITVPY) from a hold rating to a strong sell rating in a report issued on Wednesday,Zacks.com reports.

Separately, The Goldman Sachs Group raised shares of ITV to a “hold” rating in a report on Tuesday, March 25th.

ITV Stock Down 0.7 %

ITVPY stock opened at $8.94 on Wednesday. ITV has a 12 month low of $7.76 and a 12 month high of $11.02. The firm’s fifty day simple moving average is $9.57 and its 200-day simple moving average is $9.31. The company has a quick ratio of 1.06, a current ratio of 1.55 and a debt-to-equity ratio of 0.41.

ITV Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 6th. Investors of record on Friday, April 11th will be given a dividend of $0.4265 per share. This is a boost from ITV’s previous dividend of $0.18. The ex-dividend date is Friday, April 11th.

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.