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

Shares of STV Group plc (LON:STVG) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 141.31 and traded as low as GBX 107.23. STV Group shares last traded at GBX 111.50, with a volume of 1,793 shares.

Analysts Set New Price Targets

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

STV Group Trading Up 1.4%

The firm has a market cap of £50.72 million, a price-to-earnings ratio of 10.00 and a beta of 0.09. The company’s 50-day moving average price is GBX 113.17 and its 200-day moving average price is GBX 140.88. 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.

STV Group (LON:STVG) last issued 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%. Equities analysts expect that STV Group plc will post 30.3860523 EPS for the current fiscal year.

Insider Activity

In other news, insider Colin Robert Jones acquired 25,000 shares of the firm’s stock in a transaction on Thursday, September 25th. The shares were bought at an average price of GBX 110 per share, for a total transaction of £27,500. 2.31% of the stock is owned by corporate insiders.

STV Group Company Profile

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.