STV Group (LON:STVG) Stock Crosses Below 200 Day Moving Average – Should You Sell?

STV Group plc (LON:STVG) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 111.20 and traded as low as GBX 101. STV Group shares last traded at GBX 101, with a volume of 62,237 shares changing hands.

STV Group Stock Performance

The company has a debt-to-equity ratio of -890.59, a current ratio of 1.50 and a quick ratio of 1.09. The stock has a market cap of £45.23 million, a P/E ratio of 8.92 and a beta of 0.10. The firm’s fifty day moving average price is GBX 110.06 and its two-hundred day moving average price is GBX 111.12.

STV Group (LON:STVG) last posted 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 forecast that STV Group plc will post 30.3860523 EPS for the current year.

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.

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.