Media coverage about ITC (NYSE:ITC) has trended somewhat positive on Monday, Accern reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ITC earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned headlines about the utilities provider an impact score of 44.8207238148899 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of ITC (ITC) traded down $0.48 during mid-day trading on Monday, hitting $45.50. The stock had a trading volume of 31,080,500 shares, compared to its average volume of 1,798,852. The company has a current ratio of 0.46, a quick ratio of 0.42 and a debt-to-equity ratio of 2.31. The firm has a market cap of $6,980.00 and a P/E ratio of 30.74. ITC has a twelve month low of $30.33 and a twelve month high of $47.46.
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ITC Holdings Corp. (ITC Holdings) is a holding company. The Company is engaged in owning, operating, maintaining and investing in transmission infrastructure. The Company’s business consists primarily of the electric transmission operations of its Regulated Operating Subsidiaries. Its Regulated Operating Subsidiaries include International Transmission Company (ITCTransmission), Michigan Electric Transmission Company, LLC (METC), ITC Midwest LLC (ITC Midwest).
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