ITV (OTCMKTS:ITVPY) Sets New 52-Week Low – Here’s What Happened

Shares of Itv Plc. (OTCMKTS:ITVPY) reached a new 52-week low during trading on Tuesday. The company traded as low as $8.58 and last traded at $8.97, with a volume of 3,086 shares. The stock had previously closed at $8.83.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded ITV to a “hold” rating in a report on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, ITV currently has a consensus rating of “Buy”.

ITV Trading Up 3.1%

The stock’s 50 day moving average price is $9.48 and its 200 day moving average price is $10.19. The company has a quick ratio of 0.80, a current ratio of 1.25 and a debt-to-equity ratio of 0.25.

ITV Company Profile

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.