STV Group (LON:STVG) Stock Price Passes Below 200 Day Moving Average – Here’s Why

STV Group plc (LON:STVG) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 230.65 ($2.90) and traded as low as GBX 190 ($2.39). STV Group shares last traded at GBX 192 ($2.42), with a volume of 51,389 shares trading hands.

STV Group Trading Down 0.8 %

The firm has a 50 day simple moving average of GBX 207.77 and a 200 day simple moving average of GBX 230.65. 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. The firm has a market capitalization of £89.01 million, a PE ratio of 13.01 and a beta of 0.09.

About STV Group

STV is Scotland’s home of news, entertainment and drama, serving audiences with quality content on air, online and on demand.

STV’s broadcast channel reaches 2.8 million viewers each month, while rapidly growing, free streaming service STV Player, features a library of premium content and is available on all major platforms across the UK.