STV Group (LON:STVG) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

STV Group plc (LON:STVG) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 114.60 and traded as low as GBX 110.50. STV Group shares last traded at GBX 115, with a volume of 25,984 shares changing hands.

STV Group Stock Performance

The company has a debt-to-equity ratio of -14,440.00, a quick ratio of 1.09 and a current ratio of 1.51. The stock has a market cap of £51.70 million, a PE ratio of 10.19 and a beta of 0.09. The company’s 50 day simple moving average is GBX 112.17 and its 200 day simple moving average is GBX 114.60.

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.

STV Studios is a portfolio of 20+ production labels based across the UK’s nations and regions, creating world-class entertainment for UK and international networks and streamers including Apple TV+ drama Criminal Record, global phenomenon LEGO Masters, antiques favourite, The Travelling Auctioneers for BBC and reality juggernaut The Fortune Hotel for ITV.