STV Group (LON:STVG) Stock Price Passes Below 200-Day Moving Average of $297.07

STV Group plc (LON:STVGGet Rating) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 297.07 ($3.59) and traded as low as GBX 281.85 ($3.41). STV Group shares last traded at GBX 282.50 ($3.41), with a volume of 1,730 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of STV Group in a report on Wednesday, August 31st.

STV Group Stock Performance

The company has a market cap of £128.49 million and a PE ratio of 625.00. The firm’s fifty day moving average is GBX 281.99 and its 200 day moving average is GBX 296.80. The company has a current ratio of 2.02, a quick ratio of 1.09 and a debt-to-equity ratio of 1,725.00.

STV Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, November 3rd. Stockholders of record on Thursday, September 22nd will be issued a dividend of GBX 3.90 ($0.05) per share. This represents a dividend yield of 1.41%. The ex-dividend date is Thursday, September 22nd. STV Group’s payout ratio is 22.05%.

About STV Group

(Get Rating)

STV Group plc, together with its subsidiaries, produces and broadcasts television programs in the United Kingdom. The company operates through Broadcast, Digital, Studios, and Other segments. It offers news, information, and entertainment programs. The company delivers its content on air, online, and on demand.

Further Reading

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