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

STV Group plc (LON:STVG – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 103.37 and traded as low as GBX 100.50. STV Group shares last traded at GBX 102, with a volume of 31,448 shares changing hands.

STV Group Stock Performance

The firm has a market capitalization of £47.15 million, a PE ratio of -9.54 and a beta of 0.15. The company has a debt-to-equity ratio of -261.79, a current ratio of 1.25 and a quick ratio of 1.08. The stock has a 50-day moving average price of GBX 105.44 and a 200-day moving average price of GBX 103.37.

Insiders Place Their Bets

In other STV Group news, insider Mark Hoad acquired 10,000 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were bought at an average cost of GBX 107 per share, for a total transaction of £10,700. 2.54% of the stock is currently owned by company insiders.

About STV Group

(Get Free Report)

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.

Further Reading

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