STV Group (LON:STVG) Shares Cross Below 200-Day Moving Average – Should You Sell?

STV Group plc (LON:STVGGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 106.57 and traded as low as GBX 95.60. STV Group shares last traded at GBX 96.59, with a volume of 6,008 shares traded.

STV Group Price Performance

The firm has a market capitalization of £44.22 million, a price-to-earnings ratio of -8.94 and a beta of 0.15. The company has a debt-to-equity ratio of -890.59, a current ratio of 1.50 and a quick ratio of 1.08. The business has a fifty day moving average price of GBX 101.51 and a two-hundred day moving average price of GBX 106.57.

About STV Group

(Get Free Report)

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.

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