STV Group (LON:STVG) Hits New 1-Year Low – Here’s Why

Shares of STV Group plc (LON:STVG) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 165.75 ($2.15) and last traded at GBX 168.50 ($2.18), with a volume of 289124 shares trading hands. The stock had previously closed at GBX 179 ($2.32).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of STV Group in a report on Tuesday.

STV Group Price Performance

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 stock has a market cap of £77.56 million, a price-to-earnings ratio of 11.33 and a beta of 0.09. The stock has a 50-day moving average price of GBX 196.65 and a two-hundred day moving average price of GBX 221.87.

STV Group (LON:STVG) last issued its earnings results on Wednesday, March 12th. The company reported GBX 29 ($0.38) EPS for the quarter. STV Group had a negative return on equity of 172.50% and a net margin of 3.76%. As a group, equities research analysts forecast that STV Group plc will post 30.3860523 EPS for the current year.

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.