STV Group (LON:STVG) Stock Passes Below 200-Day Moving Average – What’s Next?
by Teresa Graham · The Cerbat GemSTV Group plc (LON:STVG – Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 107.88 and traded as low as GBX 99.81. STV Group shares last traded at GBX 102, with a volume of 21,690 shares traded.
STV Group Price Performance
The firm has a market cap of £47.15 million, a price-to-earnings ratio of -9.54 and a beta of 0.14. The company has a quick ratio of 1.09, a current ratio of 1.50 and a debt-to-equity ratio of -890.59. The company’s 50-day moving average price is GBX 102.38 and its 200-day moving average price is GBX 107.85.
STV Group (LON:STVG – Get Free Report) last issued its quarterly earnings results on Tuesday, March 17th. The company reported GBX 13.10 earnings per share (EPS) for the quarter. STV Group had a negative net margin of 2.83% and a positive return on equity of 75.19%. On average, equities research analysts forecast that STV Group plc will post 30.3860523 EPS for the current year.
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.