ITV (OTCMKTS:ITVPY) Shares Gap Down – Time to Sell?

Shares of ITV PLC. (OTCMKTS:ITVPYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $10.66, but opened at $10.38. ITV shares last traded at $10.38, with a volume of 121 shares trading hands.

Wall Street Analyst Weigh In

ITVPY has been the subject of a number of research reports. Sanford C. Bernstein upgraded ITV to a “hold” rating in a research note on Thursday, July 17th. Kepler Capital Markets downgraded ITV from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 22nd. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

Check Out Our Latest Research Report on ITVPY

ITV Trading Down 2.6%

The company has a 50-day moving average price of $10.91 and a 200-day moving average price of $10.62.

ITV Company Profile

(Get Free Report)

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.

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