ITV (OTCMKTS:ITVPY) Stock Price Down 9.9% – What’s Next?
by Doug Wharley · The Cerbat GemItv Plc. (OTCMKTS:ITVPY – Get Free Report)’s share price dropped 9.9% during trading on Tuesday . The company traded as low as $10.7901 and last traded at $10.7901. Approximately 213 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 13,559 shares. The stock had previously closed at $11.98.
ITV Trading Down 5.7%
The business has a 50-day moving average price of $10.46 and a two-hundred day moving average price of $10.72. The company has a current ratio of 1.54, a quick ratio of 1.02 and a debt-to-equity ratio of 0.44.
ITV Company Profile
ITV plc is a United Kingdom–based broadcasting and media production company best known for its portfolio of free-to-air television channels, including ITV, ITV2, ITV3, ITV4 and CITV. The company generates revenue primarily through advertising sales across its broadcast network and digital platforms. In addition to traditional linear broadcasting, ITV offers on-demand and catch-up services via its streaming portal, providing viewers access to drama, entertainment, reality and sports programming.
Through its production arm, ITV Studios, the company develops, produces and distributes original content for both its own channels and third-party broadcasters and streaming platforms.