ITV (OTCMKTS:ITVPY) Shares Gap Up – What’s Next?

Itv Plc. (OTCMKTS:ITVPY)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $9.45, but opened at $10.28. ITV shares last traded at $10.4010, with a volume of 2,768 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Sanford C. Bernstein upgraded ITV to a “hold” rating in a research note on Thursday, July 17th. Kepler Capital Markets cut ITV from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 22nd. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce”.

ITV Stock Up 9.5%

The company has a fifty day simple moving average of $10.31 and a two-hundred day simple moving average of $10.63. The company has a quick ratio of 1.02, a current ratio of 1.54 and a debt-to-equity ratio of 0.44.

About ITV

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.