ITV (OTCMKTS:ITVPF) Trading Down 17.5% – Here’s Why

Shares of ITV plc (OTCMKTS:ITVPFGet Free Report) were down 17.5% on Monday . The company traded as low as $0.83 and last traded at $0.83. Approximately 443 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 2,275 shares. The stock had previously closed at $1.01.

ITV Price Performance

The business has a fifty day moving average of $0.86 and a 200 day moving average of $0.96.

ITV Company Profile

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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.

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