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

STV Group plc (LON:STVG) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 114.60 and traded as low as GBX 110.50. STV Group shares last traded at GBX 115, with a volume of 25,984 shares.

STV Group Stock Down 1.6%

The company has a market capitalization of £51.70 million, a PE ratio of 10.19 and a beta of 0.09. The stock’s fifty day moving average is GBX 112.17 and its two-hundred day moving average is GBX 114.60. 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.

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.