STV Group (LON:STVG) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

STV Group plc (LON:STVG)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 125.84 and traded as low as GBX 111.50. STV Group shares last traded at GBX 114, with a volume of 36,238 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of STV Group in a report on Thursday, September 25th.

STV Group Stock Up 1.5%

The stock has a market cap of £52.89 million, a price-to-earnings ratio of 10.43 and a beta of 0.09. The company has a debt-to-equity ratio of -14,440.00, a quick ratio of 1.09 and a current ratio of 1.51. The firm’s 50-day simple moving average is GBX 108.88 and its two-hundred day simple moving average is GBX 125.84.

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.