STV Group (LON:STVG) Stock Crosses Below 200-Day Moving Average – Here’s Why

STV Group plc (LON:STVG) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 146.67 and traded as low as GBX 110.50. STV Group shares last traded at GBX 113, with a volume of 109,632 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of STV Group in a research report on Thursday, September 25th.

STV Group Stock Performance

The company has a quick ratio of 1.09, a current ratio of 1.51 and a debt-to-equity ratio of -14,440.00. The firm has a market cap of £53.11 million, a P/E ratio of 10.47 and a beta of 0.09. The business has a fifty day simple moving average of GBX 115.74 and a 200-day simple moving average of GBX 146.67.

STV Group (LON:STVG) last released its earnings results on Thursday, September 25th. The company reported GBX 7.10 earnings per share for the quarter. STV Group had a net margin of 3.76% and a negative return on equity of 172.50%. On average, sell-side analysts predict that STV Group plc will post 30.3860523 EPS for the current fiscal year.

Insider Buying and Selling at STV Group

In other STV Group news, insider Colin Robert Jones bought 25,000 shares of the firm’s stock in a transaction on Thursday, September 25th. The stock was acquired at an average price of GBX 110 per share, with a total value of £27,500. Corporate insiders own 2.31% of the company’s stock.

About STV Group

STV’s exciting vision is to become Scotland’s leading platform for audiences and advertisers and a global content powerhouse.

On-air, STV reaches more than two in three Scottish adults every month through its TV channel and streaming service, STV Player. It will soon expand its audience even further by launching an audio division and a major new Scotland-focused commercial radio station.