STV Group (LON:STVG) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of STV Group plc (LON:STVG) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 109.38 and traded as high as GBX 115. STV Group shares last traded at GBX 110, with a volume of 19,180 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of STV Group in a research note on Thursday, September 25th.

STV Group Price Performance

The stock has a market capitalization of £50.83 million, a price-to-earnings ratio of 10.02 and a beta of 0.09. The company has a fifty day simple moving average of GBX 109.38 and a 200 day simple moving average of GBX 130.71. The company has a debt-to-equity ratio of -14,440.00, a quick ratio of 1.09 and a current ratio of 1.51.

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.