ITV (OTCMKTS:ITVPY) Stock Falls 0.5% – Should You Sell?

Itv Plc. (OTCMKTS:ITVPY)’s stock price traded down 0.5% during mid-day trading on Monday. The company traded as low as $8.81 and last traded at $8.83. 3,405 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 5,053 shares. The stock had previously closed at $8.87.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded 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, the company presently has an average rating of “Buy”.

ITV Stock Down 0.5%

The company has a 50-day simple moving average of $9.61 and a 200-day simple moving average of $10.24. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.80 and a current ratio of 1.25.

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.