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

Itv Plc. (OTCMKTS:ITVPY)’s share price reached a new 52-week low on Tuesday. The company traded as low as $8.5210 and last traded at $8.5210, with a volume of 719 shares trading hands. The stock had previously closed at $8.74.

Analyst Ratings Changes

Separately, Zacks Research upgraded 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 given a Hold rating to the stock. According to data from MarketBeat, ITV presently has an average rating of “Buy”.

ITV Price Performance

The company has a current ratio of 1.25, a quick ratio of 0.80 and a debt-to-equity ratio of 0.25. The company has a 50 day moving average price of $9.27 and a 200 day moving average price of $10.30.

About ITV

ITV plc is a British media and entertainment company headquartered in the United Kingdom. It operates the ITV television network, which provides news, drama, entertainment, daytime programming and other content through regional channels, as well as the ITVX streaming service, which offers live and on-demand programming.

Through ITV Studios, the company develops, produces and distributes television programs and other content for broadcasters and streaming platforms. Its production business covers scripted and unscripted programming, including drama, reality, entertainment and factual content, and supplies shows to audiences and media companies in the U.K.