STV Group (LON:STVG) Stock Passes Above 200-Day Moving Average – Should You Sell?

STV Group plc (LON:STVG)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 104.62 and traded as high as GBX 112. STV Group shares last traded at GBX 112, with a volume of 28,867 shares changing hands.

STV Group Stock Performance

The business has a 50-day simple moving average of GBX 106.79 and a 200 day simple moving average of GBX 104.55. The company has a debt-to-equity ratio of -890.59, a current ratio of 1.50 and a quick ratio of 1.08. The firm has a market cap of £47.43 million, a PE ratio of -9.59 and a beta of 0.15.

Insider Activity

In other news, insider Mark Hoad bought 10,000 shares of STV Group stock in a transaction that occurred on Tuesday, August 4th. The stock was bought at an average cost of GBX 107 per share, with a total value of £10,700. Company insiders own 2.54% of the company’s stock.

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.