STV Group (LON:STVG) Hits New 52-Week Low – Here’s What Happened

STV Group plc (LON:STVG) shares hit a new 52-week low on Monday . The company traded as low as GBX 165 ($2.13) and last traded at GBX 166 ($2.15), with a volume of 37095 shares trading hands. The stock had previously closed at GBX 167 ($2.16).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of STV Group in a report on Tuesday, March 11th.

STV Group Stock Performance

The company has a market cap of £77.56 million, a price-to-earnings ratio of 11.33 and a beta of 0.09. The stock’s fifty day simple moving average is GBX 194.67 and its two-hundred day simple moving average is GBX 220.12. 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.

STV Group (LON:STVG) last issued its earnings results on Wednesday, March 12th. The company reported GBX 29 ($0.37) EPS for the quarter. STV Group had a net margin of 3.76% and a negative return on equity of 172.50%. Equities research analysts anticipate that STV Group plc will post 30.3860523 EPS for the current year.

About STV Group

STV is Scotland’s home of news, entertainment and drama, serving audiences with quality content on air, online and on demand.

STV’s broadcast channel reaches 2.8 million viewers each month, while rapidly growing, free streaming service STV Player, features a library of premium content and is available on all major platforms across the UK.