ITV plc (OTCMKTS:ITVPY) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 100 shares, a decline of 95.2% from the March 15th total of 2,100 shares. Based on an average daily volume of 11,300 shares, the short-interest ratio is presently 0.0 days.
A number of equities research analysts have recently weighed in on ITVPY shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of ITV in a research note on Wednesday, March 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ITV in a research note on Monday, March 1st. The Goldman Sachs Group lowered shares of ITV from a “buy” rating to a “neutral” rating in a research note on Monday, April 5th. Barclays reissued an “equal weight” rating on shares of ITV in a research note on Wednesday, March 10th. Finally, Morgan Stanley reissued an “overweight” rating on shares of ITV in a research note on Friday, March 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold”.
OTCMKTS:ITVPY traded up $0.18 during mid-day trading on Tuesday, hitting $16.87. 660 shares of the company’s stock were exchanged, compared to its average volume of 5,474. ITV has a one year low of $7.19 and a one year high of $17.70. The company has a current ratio of 1.15, a quick ratio of 0.95 and a debt-to-equity ratio of 1.13. The business has a fifty day moving average price of $16.75 and a 200 day moving average price of $13.67.
ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast & Online, and ITV Studios segments. The Broadcast & Online segment broadcasts various contents on its family of free-to-air channels, including ITV, ITV2, ITV3, ITV4, ITVBe, ITV Encore, CITV, ITV Breakfast, CITV Breakfast, and various related +1 and HD equivalents; and offers television advertising services.
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