ITV (OTCMKTS:ITVPY) Shares Gap Down – Here’s Why

Itv Plc. (OTCMKTS:ITVPYGet Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $11.45, but opened at $10.6340. ITV shares last traded at $11.09, with a volume of 1,365 shares changing hands.

ITV Stock Performance

The company has a debt-to-equity ratio of 0.44, a current ratio of 1.54 and a quick ratio of 1.02. The business has a 50-day simple moving average of $10.31 and a 200-day simple moving average of $10.69.

ITV Company Profile

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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.

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