STV Group (LON:STVG) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Shares of STV Group plc (LON:STVG) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 103.26 and traded as low as GBX 98.20. STV Group shares last traded at GBX 100, with a volume of 22,038 shares.

STV Group Stock Performance

The firm has a fifty day moving average price of GBX 105.15 and a 200 day moving average price of GBX 103.26. The company has a debt-to-equity ratio of -261.79, a quick ratio of 1.08 and a current ratio of 1.25. The stock has a market cap of £45.78 million, a PE ratio of -1.77 and a beta of 0.15.

Insider Buying and Selling

In other STV Group news, insider Mark Hoad purchased 10,000 shares of the stock in a transaction on Tuesday, August 4th. The stock was acquired at an average price of GBX 107 per share, with a total value of £10,700. Company insiders own 2.54% of the company’s stock.

STV Group Company Profile

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.