STV Group (LON:STVG) Share Price Breaks Below 200 Day Moving Average – Time to Sell?

STV Group plc (LON:STVG) shares crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 103.06 and traded as low as GBX 98. STV Group shares last traded at GBX 98, with a volume of 81,652 shares.

STV Group Trading Up 3.0%

The company has a quick ratio of 1.08, a current ratio of 1.25 and a debt-to-equity ratio of -261.79. The firm has a 50 day moving average price of GBX 104.03 and a 200 day moving average price of GBX 103.05. The stock has a market capitalization of £47.15 million, a PE ratio of -1.82 and a beta of 0.15.

Insider Transactions at STV Group

In related news, insider Mark Hoad purchased 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average price of GBX 107 per share, for a total transaction of £10,700. Company insiders own 2.54% of the company’s stock.

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.