ITV (OTCMKTS:ITVPY) Shares Gap Up – Here’s What Happened

Shares of Itv Plc. (OTCMKTS:ITVPYGet Free Report) gapped up prior to trading on Monday . The stock had previously closed at $9.6875, but opened at $10.12. ITV shares last traded at $9.6710, with a volume of 1,915 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research raised ITV to a “hold” rating in a report on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, ITV has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on ITVPY

ITV Price Performance

The company has a current ratio of 1.29, a quick ratio of 0.83 and a debt-to-equity ratio of 0.24. The company has a fifty day moving average price of $10.11 and a 200 day moving average price of $10.52.

ITV Company Profile

(Get Free Report)

ITV plc is a United Kingdom–based broadcasting and media production company best known for its portfolio of free-to-air television channels, including ITV, ITV2, ITV3, ITV4 and CITV. The company generates revenue primarily through advertising sales across its broadcast network and digital platforms. In addition to traditional linear broadcasting, ITV offers on-demand and catch-up services via its streaming portal, providing viewers access to drama, entertainment, reality and sports programming.

Through its production arm, ITV Studios, the company develops, produces and distributes original content for both its own channels and third-party broadcasters and streaming platforms.

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