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

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

Wall Street Analyst Weigh In

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

ITV Trading Down 0.1 %

The stock has a 50-day simple moving average of GBX 79.10 and a 200 day simple moving average of GBX 78.14. The company has a current ratio of 1.60, a quick ratio of 0.83 and a debt-to-equity ratio of 45.31. The company has a market cap of £2.92 billion, a price-to-earnings ratio of 684.09, a PEG 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.