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

STV Group plc (LON:STVG)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 114 and traded as low as GBX 106.50. STV Group shares last traded at GBX 111.50, with a volume of 26,519 shares traded.

STV Group Stock Up 0.4%

The firm has a market capitalization of £51.17 million, a price-to-earnings ratio of 10.09 and a beta of 0.09. The business has a 50 day moving average of GBX 113.08 and a 200 day moving average of GBX 113.91. The company has a debt-to-equity ratio of -14,440.00, a current ratio of 1.51 and a quick ratio of 1.09.

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.