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ITV (OTCMKTS:ITVPY) Trading Down 0.6% - Here's Why

ITV logo with Consumer Discretionary background

Key Points

  • ITV's stock price fell by 0.6% to $10.94, with a notable decrease in trading volume to 302 shares, down 62% from its average.
  • Analysts have mixed opinions, as Sanford C. Bernstein upgraded ITV to a "hold" while Kepler Capital Markets downgraded it from "strong buy" to "hold".
  • The company operates through two main segments, ITV Studios and Media & Entertainment, focusing on producing and distributing content across multiple platforms.
  • Want stock alerts on ITV? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Itv Plc. (OTCMKTS:ITVPY - Get Free Report)'s stock price traded down 0.6% during trading on Wednesday . The company traded as low as $10.94 and last traded at $10.94. 302 shares were traded during mid-day trading, a decline of 62% from the average session volume of 787 shares. The stock had previously closed at $11.01.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Sanford C. Bernstein upgraded shares of ITV to a "hold" rating in a research report on Thursday, July 17th. Kepler Capital Markets lowered shares of ITV from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 22nd.

Check Out Our Latest Stock Report on ITVPY

ITV Stock Down 0.6%

The company has a debt-to-equity ratio of 0.39, a current ratio of 1.63 and a quick ratio of 1.09. The stock's 50 day simple moving average is $10.96 and its two-hundred day simple moving average is $10.24.

About ITV

(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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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