STV Group (LON:STVG) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

STV Group plc (LON:STVG) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 111.20 and traded as low as GBX 101. STV Group shares last traded at GBX 101, with a volume of 62,237 shares.

STV Group Trading Down 1.0%

The business’s 50 day simple moving average is GBX 110.32 and its 200-day simple moving average is GBX 111.20. The company has a debt-to-equity ratio of -890.59, a current ratio of 1.50 and a quick ratio of 1.09. The stock has a market capitalization of £46.15 million, a P/E ratio of 9.10 and a beta of 0.10.

STV Group (LON:STVG) last issued its earnings results on Tuesday, March 17th. The company reported GBX 13.10 EPS for the quarter. STV Group had a negative net margin of 2.83% and a positive return on equity of 75.19%. As a group, analysts forecast that STV Group plc will post 30.3860523 EPS for the current year.

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.