STV Group (LON:STVG) Stock Passes Below 200-Day Moving Average – What’s Next?

STV Group plc (LON:STVG) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 118.40 and traded as low as GBX 113. STV Group shares last traded at GBX 114.50, with a volume of 13,723 shares changing hands.

STV Group Stock Performance

The stock has a market cap of £53.00 million, a P/E ratio of 10.45 and a beta of 0.09. The stock has a fifty day simple moving average of GBX 110.16 and a 200-day simple moving average of GBX 118.40. The company has a quick ratio of 1.09, a current ratio of 1.51 and a debt-to-equity ratio of -14,440.00.

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.