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

Itv Plc. (OTCMKTS:ITVPY)’s share price reached a new 52-week low during trading on Tuesday. The stock 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.

Analysts Set New Price Targets

Separately, Zacks Research upgraded ITV to a “hold” rating in a report on Tuesday, August 18th. One investment 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, the stock has a consensus rating of “Buy”.

ITV Trading Up 3.1%

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

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.