STV Group (LON:STVG) Share Price Passes Above 50-Day Moving Average – Should You Sell?

STV Group plc (LON:STVG) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 108.74 and traded as high as GBX 122.10. STV Group shares last traded at GBX 120, with a volume of 207,561 shares traded.

Analyst Ratings Changes

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

STV Group Stock Down 1.3%

The company has a debt-to-equity ratio of -14,440.00, a current ratio of 1.51 and a quick ratio of 1.09. The company has a market capitalization of £54.14 million, a price-to-earnings ratio of 10.68 and a beta of 0.09. The firm’s fifty day moving average price is GBX 108.74 and its 200-day moving average price is GBX 127.96.

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.