STV Group (LON:STVG) Share Price Crosses Below 200-Day Moving Average – What’s Next?

STV Group plc (LON:STVG) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 107.48 and traded as low as GBX 101. STV Group shares last traded at GBX 104.50, with a volume of 17,171 shares traded.

STV Group Stock Performance

The stock has a market cap of £47.84 million, a P/E ratio of -9.68 and a beta of 0.14. The company has a quick ratio of 1.09, a current ratio of 1.50 and a debt-to-equity ratio of -890.59. The business has a 50 day moving average price of GBX 101.84 and a two-hundred day moving average price of GBX 107.48.

STV Group (LON:STVG) last released 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%. On average, sell-side analysts forecast that STV Group plc will post 30.3860523 earnings per share for the current fiscal year.

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.