ITV (LON:ITV) Trading Down 0.2% – Should You Sell?

ITV plc (LON:ITV) was down 0.2% on Thursday . The company traded as low as GBX 75.50 ($0.98) and last traded at GBX 75.60 ($0.98). Approximately 2,524,771 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 13,240,773 shares. The stock had previously closed at GBX 75.75 ($0.98).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating on shares of ITV in a research note on Thursday, July 25th.

ITV Stock Performance

The company has a debt-to-equity ratio of 45.31, a current ratio of 1.60 and a quick ratio of 0.83. The business has a 50-day simple moving average of GBX 79.10 and a 200-day simple moving average of GBX 78.14. The firm has a market capitalization of £2.92 billion, a PE ratio of 684.09, a P/E/G ratio of -0.53 and a beta of 1.44.

About ITV

ITV plc, an integrated production, broadcasting, and streaming company, which creates, owns, and distributes content on various platforms worldwide. It operates through ITV Studios and Media & Entertainment segments. The ITV Studios segment creates and produces programs and formats that include sports, drama, entertainment, factual, and news for its own channels and other broadcasters.