STV Group (LON:STVG) Stock Passes Below Two Hundred Day Moving Average of $272.57

STV Group plc (LON:STVG – Get Rating) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 272.57 ($3.32) and traded as low as GBX 265 ($3.23). STV Group shares last traded at GBX 272.50 ($3.32), with a volume of 19,456 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of STV Group in a research note on Friday, December 16th.

STV Group Price Performance

The company has a current ratio of 2.02, a quick ratio of 1.09 and a debt-to-equity ratio of 1,725.00. The stock has a market capitalization of £127.32 million and a P/E ratio of 619.32. The company has a fifty day simple moving average of GBX 264.73 and a two-hundred day simple moving average of GBX 272.57.

Insider Buying and Selling

In other news, insider Aki Mandhar acquired 2,627 shares of the business’s stock in a transaction that occurred on Friday, October 21st. The shares were bought at an average price of GBX 265 ($3.23) per share, with a total value of £6,961.55 ($8,481.42).

About STV Group

(Get Rating)

STV Group plc, together with its subsidiaries, produces and broadcasts television programs in the United Kingdom. The company operates through Broadcast, Digital, Studios, and Other segments. It offers news, information, and entertainment programs. The company delivers its content on air, online, and on demand.