Somewhat Favorable News Coverage Somewhat Unlikely to Affect ITC (ITC) Share Price

Media coverage about ITC (NYSE:ITC) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ITC earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave press coverage about the utilities provider an impact score of 44.0607747999982 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of ITC (ITC) traded down $0.48 on Tuesday, reaching $45.50. The company’s stock had a trading volume of 31,080,500 shares, compared to its average volume of 1,798,852. The stock has a market capitalization of $6,980.00 and a PE ratio of 30.74. The company has a debt-to-equity ratio of 2.31, a quick ratio of 0.42 and a current ratio of 0.46. ITC has a fifty-two week low of $30.33 and a fifty-two week high of $47.46.

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About ITC

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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