ITV (OTCMKTS:ITVPY) Sees Large Volume Increase – Here’s Why

Itv Plc. (OTCMKTS:ITVPY) saw unusually-high trading volume on Thursday . Approximately 19,648 shares traded hands during mid-day trading, an increase of 594% from the previous session’s volume of 2,832 shares.The stock last traded at $11.03 and had previously closed at $11.31.

ITV Stock Up 0.6%

The company has a quick ratio of 1.02, a current ratio of 1.54 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average price of $11.11 and a two-hundred day moving average price of $10.72.

ITV Company Profile

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.