STV Group (LON:STVG) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

STV Group plc (LON:STVG)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 106.57 and traded as low as GBX 95.60. STV Group shares last traded at GBX 96.59, with a volume of 6,008 shares.

STV Group Stock Performance

The company has a current ratio of 1.50, a quick ratio of 1.08 and a debt-to-equity ratio of -890.59. The firm has a market cap of £44.34 million, a price-to-earnings ratio of -8.97 and a beta of 0.15. The stock has a fifty day moving average price of GBX 101.31 and a 200 day moving average price of GBX 106.46.

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.