ITV’s (ITV) “Buy” Rating Reiterated at Shore Capital

ITV (LON:ITV)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a research report issued on Thursday, Digital Look reports.

ITV Trading Down 11.7 %

ITV traded down GBX 8.45 ($0.11) during mid-day trading on Thursday, hitting GBX 63.85 ($0.83). 22,568,133 shares of the stock were exchanged, compared to its average volume of 13,147,152. The firm’s fifty day moving average is GBX 78.06 and its two-hundred day moving average is GBX 78.39. ITV has a 1-year low of GBX 55.49 ($0.72) and a 1-year high of GBX 89 ($1.16). The company has a market cap of £2.48 billion, a PE ratio of 580.45, a PEG ratio of -0.53 and a beta of 1.44. The company has a current ratio of 1.60, a quick ratio of 0.83 and a debt-to-equity ratio of 45.31.

About ITV

ITV plc, an integrated production, broadcasting, and streaming company, which creates, owns, and distributes content on various platforms worldwide. It operates through ITV Studios and Media & Entertainment segments. The ITV Studios segment creates and produces programs and formats that include sports, drama, entertainment, factual, and news for its own channels and other broadcasters.