STV Group (LON:STVG) Stock Passes Below 200 Day Moving Average – Time to Sell?

STV Group plc (LON:STVG)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 107.88 and traded as low as GBX 99.81. STV Group shares last traded at GBX 102, with a volume of 21,690 shares changing hands.

STV Group Price Performance

The company has a 50 day moving average price of GBX 102.48 and a 200-day moving average price of GBX 107.88. The company has a quick ratio of 1.09, a current ratio of 1.50 and a debt-to-equity ratio of -890.59. The company has a market cap of £47.84 million, a price-to-earnings ratio of -9.68 and a beta of 0.14.

STV Group (LON:STVG) last released 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, equities research analysts predict 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.