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

STV Group plc (LON:STVG)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 106.04 and traded as low as GBX 106. STV Group shares last traded at GBX 106, with a volume of 359,149 shares trading hands.

STV Group Stock Performance

The company has a fifty day moving average of GBX 102.09 and a 200-day moving average of GBX 106.04. The company has a current ratio of 1.50, a quick ratio of 1.08 and a debt-to-equity ratio of -890.59. The company has a market capitalization of £48.52 million, a price-to-earnings ratio of -9.81 and a beta of 0.15.

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.