ITV (OTCMKTS:ITVPY) Cut to “Hold” at ValuEngine

ValuEngine lowered shares of ITV (OTCMKTS:ITVPY) from a buy rating to a hold rating in a research report report published on Thursday, March 15th.

Shares of ITVPY stock traded up $0.15 on Thursday, hitting $20.89. The stock had a trading volume of 95,981 shares, compared to its average volume of 34,665. The company has a market capitalization of $8,348.70, a P/E ratio of 9.08 and a beta of 1.23. ITV has a one year low of $19.55 and a one year high of $28.17.

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The company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, June 8th. Investors of record on Friday, April 13th will be issued a $0.684 dividend. The ex-dividend date of this dividend is Thursday, April 12th. ITV’s payout ratio is currently 65.65%.

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ITV Company Profile

ITV plc operates commercial television channels in the United Kingdom. Its Broadcast & Online segment provides television advertising services; and broadcasts content on its family of free to air and pay channels consisting of ITV, the commercial television channel, as well as the digital channels, such as ITV2, ITV3, ITV4, ITV Encore, ITVBe, and CITV.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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