STV Group (LON:STVG) Shares Cross Below 200-Day Moving Average – Time to Sell?

STV Group plc (LON:STVG) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 110.15 and traded as low as GBX 99.53. STV Group shares last traded at GBX 102, with a volume of 99,144 shares.

STV Group Price Performance

The stock has a market cap of £46.60 million, a price-to-earnings ratio of -9.44 and a beta of 0.10. The stock’s 50 day moving average price is GBX 107.27 and its two-hundred day moving average price is GBX 110.15. The company has a quick ratio of 1.09, a current ratio of 1.50 and a debt-to-equity ratio of -890.59.

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