ITV (OTCMKTS:ITVPY) Reaches New 12-Month Low – What’s Next?

Itv Plc. (OTCMKTS:ITVPY – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $8.5625 and last traded at $8.5625, with a volume of 2,203 shares changing hands. The stock had previously closed at $8.83.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised ITV to a “hold” rating in a research note on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy”.

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ITV Trading Down 3.2%

The business’s fifty day moving average price is $9.39 and its two-hundred day moving average price is $10.15. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.80 and a current ratio of 1.25.

ITV Company Profile

(Get Free Report)

ITV plc is a British media and entertainment company headquartered in the United Kingdom. Its businesses include ITV Studios, which develops, produces and distributes television programs and entertainment content, and ITV Media & Entertainment, which operates ITV’s television channels and digital services.

ITV’s programming spans drama, reality, news, daytime television, sport and other entertainment formats. The company distributes content internationally through ITV Studios and provides streaming and on-demand programming through ITVX, its digital entertainment platform.

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