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ITV (OTCMKTS:ITVPY) Shares Gap Down - Here's What Happened

ITV logo with Consumer Discretionary background

Key Points

  • ITV PLC shares gapped down from $10.66 to $10.38 before trading on Friday, with the last trade also at $10.38 and a trading volume of 121 shares.
  • Wall Street analysts have mixed views on ITV; Sanford C. Bernstein upgraded the stock to a "hold" rating, while Kepler Capital Markets downgraded it from "strong-buy" to "hold".
  • The company's stock currently has an average rating of "Reduce" from analysts, with one assigning a Sell rating.
  • Five stocks to consider instead of ITV.

ITV PLC. (OTCMKTS:ITVPY - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $10.66, but opened at $10.38. ITV shares last traded at $10.38, with a volume of 121 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ITVPY. Sanford C. Bernstein raised ITV to a "hold" rating in a research note on Thursday, July 17th. Kepler Capital Markets lowered ITV from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 22nd. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, ITV currently has an average rating of "Reduce".

Check Out Our Latest Analysis on ITV

ITV Stock Down 2.6%

The firm has a fifty day simple moving average of $10.91 and a 200 day simple moving average of $10.62.

ITV Company Profile

(Get Free Report)

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.

See Also

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