STV Group plc (LON:STVG) Insider Colin Robert Jones Buys 10,000 Shares

STV Group plc (LON:STVG) insider Colin Robert Jones bought 10,000 shares of the stock in a transaction dated Friday, November 15th. The shares were purchased at an average price of GBX 218 ($2.75) per share, for a total transaction of £21,800 ($27,473.22).

STV Group Stock Performance

LON STVG opened at GBX 213 ($2.68) on Monday. The firm’s 50 day simple moving average is GBX 241.27 and its 200 day simple moving average is GBX 258.73. The firm has a market capitalization of £97.02 million, a price-to-earnings ratio of 1,521.43 and a beta of 0.09. The company has a current ratio of 1.51, a quick ratio of 1.09 and a debt-to-equity ratio of 1,725.00. STV Group plc has a 1 year low of GBX 175.50 ($2.21) and a 1 year high of GBX 297 ($3.74).

STV Group Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, November 7th. Shareholders of record on Thursday, September 26th were paid a dividend of GBX 3.90 ($0.05) per share. The ex-dividend date was Thursday, September 26th. This represents a dividend yield of 1.48%. STV Group’s payout ratio is presently 7,857.14%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of STV Group in a research report on Tuesday, September 3rd.

STV Group Company Profile

STV Group plc, together with its subsidiaries, produces and broadcasts television programs in the United Kingdom. The company operates through Broadcast, Digital, and Studios segments. It offers news, information, and entertainment and drama programs. The company delivers its content on air, online, and on demand.