STV Group (LON:STVG) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

STV Group plc (LON:STVG)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 122.80 and traded as low as GBX 113.12. STV Group shares last traded at GBX 114.50, with a volume of 124,810 shares traded.

STV Group Stock Performance

The company’s 50-day simple moving average is GBX 109.48 and its 200-day simple moving average is GBX 122.80. The stock has a market capitalization of £52.32 million, a price-to-earnings ratio of 10.32 and a beta of 0.09. The company has a current ratio of 1.51, a quick ratio of 1.09 and a debt-to-equity ratio of -14,440.00.

About STV Group

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.