ITV (NASDAQ:ITVPY) was downgraded by Macquarie from a “neutral” rating to an “underperform” rating in a report released on Wednesday.

Separately, HSBC Holdings plc restated a “hold” rating on shares of ITV in a report on Thursday, June 1st.

Shares of ITV (NASDAQ:ITVPY) traded down 2.33% during midday trading on Wednesday, hitting $20.95. The company had a trading volume of 2,821 shares. The stock’s 50-day moving average price is $21.84 and its 200-day moving average price is $24.29. The stock has a market capitalization of $8.40 billion and a price-to-earnings ratio of 15.99. ITV has a one year low of $19.75 and a one year high of $28.17.

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