STV Group (LON:STVG) Stock Passes Above Fifty Day Moving Average – Time to Sell?

STV Group plc (LON:STVG) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 101.78 and traded as high as GBX 104. STV Group shares last traded at GBX 98.60, with a volume of 29,850 shares trading hands.

STV Group Price Performance

The company has a 50 day simple moving average of GBX 101.78 and a 200-day simple moving average of GBX 107.26. The stock has a market cap of £47.61 million, a price-to-earnings ratio of -9.63 and a beta of 0.14. The company has a quick ratio of 1.09, a current ratio of 1.50 and a debt-to-equity ratio of -890.59.

STV Group (LON:STVG) last announced its quarterly earnings data on Tuesday, March 17th. The company reported GBX 13.10 earnings per share (EPS) for the quarter. STV Group had a positive return on equity of 75.19% and a negative net margin of 2.83%. As a group, research analysts anticipate that STV Group plc will post 30.3860523 EPS for the current fiscal year.

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.