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

ITV logo with Consumer Discretionary background

Shares of Itv Plc. (OTCMKTS:ITVPY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $11.08, but opened at $10.76. ITV shares last traded at $10.76, with a volume of 356 shares changing hands.

Analyst Ratings Changes

Several research firms have recently issued reports on ITVPY. The Goldman Sachs Group raised ITV to a "hold" rating in a research note on Tuesday, March 25th. UBS Group downgraded shares of ITV from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 9th.

View Our Latest Stock Analysis on ITV

ITV Trading Down 1.6%

The firm has a fifty day simple moving average of $10.74 and a 200-day simple moving average of $9.88. The company has a current ratio of 1.63, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39.

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.

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