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

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

Wall Street Analysts Forecast Growth

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

ITV Stock Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.80 and a current ratio of 1.25. The stock’s 50 day simple moving average is $9.44 and its two-hundred day simple moving average is $10.17.

About ITV

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.