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ITV plc (OTCMKTS:ITVPY) has been downgraded from Neutral to Underperform in a statement by Macquarie earlier today.

Boasting a price of $21.45, ITV plc (OTCMKTS:ITVPY) traded -2.33% lower on the day. With the last stock price close down -13.75% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. ITV plc has recorded a 50-day average of $21.84 and a two hundred day average of $24.29. Volume of trade was down over the average, with 2,736 shares of ITVPY changing hands under the typical 4,831

Macquarie has downgraded ITV plc (OTCMKTS:ITVPY) from Neutral to Underperform in a statement released on 09/13/2017.

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With a total market value of $0, ITV plc has price-earnings ratio of 15.99 with a one year low of $19.75 and a one year high of $28.17 .

Brief Synopsis About ITV plc (OTCMKTS:ITVPY)

ITV plc operates commercial television channels in the United Kingdom. Its Broadcast & Online segment provides television advertising services; and broadcasts content on its family of free to air and pay channels consisting of ITV, the commercial television channel, as well as the digital channels, such as ITV2, ITV3, ITV4, ITV Encore, ITVBe, and CITV. It also delivers content across multiple platforms, including; and pay platforms, including Virgin and Sky, as well as through direct content deals with services, such as Amazon, Apple iTunes, and Netflix. In addition, this segment operates DTT Multiplex A in the United Kingdom. The companyÂ’s ITV Studios segment produces programming across a range of genres, including drama, entertainment, and factual entertainment for its own channels and other broadcasters, such as the BBC, Channel 4, Channel 5, and Sky. This segment also operates as an unscripted independent producer of content in the United States; and produces content for local broadcasters in Australia, Germany, France, the Netherlands, and the Nordics. In addition, this segmentÂ’s distribution business licenses ITVÂ’s finished programs and formats, and third party content internationally. ITV plc is based in London, the United Kingdom.

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