STV Group (LON:STVG) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of STV Group plc (LON:STVG) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 143.71 and traded as low as GBX 108. STV Group shares last traded at GBX 108, with a volume of 16,533 shares trading hands.

Analyst Ratings Changes

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

STV Group Trading Up 1.8%

The firm has a market capitalization of £50.23 million, a price-to-earnings ratio of 9.90 and a beta of 0.09. The business’s 50-day moving average price is GBX 114.24 and its 200 day moving average price is GBX 143.71. 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.

STV Group (LON:STVG) last released its quarterly 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, equities analysts forecast that STV Group plc will post 30.3860523 earnings per share for the current fiscal year.

Insider Activity

In other STV Group news, insider Colin Robert Jones bought 25,000 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were acquired at an average cost of GBX 110 per share, with a total value of £27,500. 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.