STV Group (LON:STVG) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

STV Group plc (LON:STVG) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 108.39 and traded as low as GBX 100.45. STV Group shares last traded at GBX 101.50, with a volume of 95,340 shares.

STV Group Stock Performance

The company has a fifty day moving average of GBX 103.47 and a two-hundred day moving average of GBX 108.39. The firm has a market capitalization of £46.46 million, a price-to-earnings ratio of -9.40 and a beta of 0.14. The company has a debt-to-equity ratio of -890.59, a quick ratio of 1.09 and a current ratio of 1.50.

STV Group (LON:STVG) last posted its quarterly earnings data on Tuesday, March 17th. The company reported GBX 13.10 earnings per share 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 predict that STV Group plc will post 30.3860523 earnings per share for the current fiscal 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.