ITV (OTCMKTS:ITVPY) Sets New 12-Month Low – What’s Next?

Itv Plc. (OTCMKTS:ITVPY)’s stock price reached a new 52-week low on Tuesday. The company traded as low as $8.5210 and last traded at $8.5210, with a volume of 719 shares. The stock had previously closed at $8.74.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of ITV to a “hold” rating in a research report on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy”.

ITV Trading Down 2.6%

The stock has a 50-day simple moving average of $9.27 and a 200 day simple moving average of $10.30. The company has a quick ratio of 0.80, a current ratio of 1.25 and a debt-to-equity ratio of 0.25.

About ITV

ITV plc is a British media and entertainment company headquartered in the United Kingdom. It operates the ITV television network, which provides news, drama, entertainment, daytime programming and other content through regional channels, as well as the ITVX streaming service, which offers live and on-demand programming.

Through ITV Studios, the company develops, produces and distributes television programs and other content for broadcasters and streaming platforms. Its production business covers scripted and unscripted programming, including drama, reality, entertainment and factual content, and supplies shows to audiences and media companies in the U.K.