ITV (OTCMKTS:ITVPF) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

ITV plc (OTCMKTS:ITVPFGet Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.06 and traded as high as $1.15. ITV shares last traded at $1.15, with a volume of 500 shares trading hands.

ITV Trading Up 4.5%

The business’s 50-day simple moving average is $1.08 and its 200-day simple moving average is $1.06.

ITV Company Profile

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ITV plc is a leading commercial broadcaster based in the United Kingdom, offering a portfolio of free-to-air television channels, on-demand streaming services and digital advertising solutions. Its core operations include the operation of flagship channels such as ITV1, ITV2, ITV3 and ITV4, as well as the hybrid streaming platform ITVX. The company’s broadcast channels reach millions of UK households each week, delivering entertainment, news, sport and reality programming funded primarily through advertising revenues.

Beyond traditional broadcasting, ITV plc has built a significant production and distribution arm through ITV Studios.

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