ITV (OTCMKTS:ITVPY) Shares Gap Down – Time to Sell?

Itv Plc. (OTCMKTS:ITVPY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $10.9750, but opened at $10.45. ITV shares last traded at $10.47, with a volume of 639 shares changing hands.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised ITV from a “hold” rating to a “strong-buy” rating in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

ITV Stock Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 1.29 and a quick ratio of 0.83. The company has a 50-day moving average price of $10.89 and a 200-day moving average price of $10.86.

About ITV

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.