STV Group (LON:STVG) Reaches New 52-Week Low at $290.00

STV Group plc (LON:STVGGet Rating)’s share price reached a new 52-week low on Thursday . The company traded as low as GBX 290 ($3.58) and last traded at GBX 290 ($3.58), with a volume of 9648 shares trading hands. The stock had previously closed at GBX 302 ($3.72).

Separately, Shore Capital restated a “house stock” rating on shares of STV Group in a research note on Friday, April 22nd.

The stock has a 50-day simple moving average of GBX 314.11 and a 200 day simple moving average of GBX 333.57. The company has a market capitalization of £139.00 million and a PE ratio of 7.39.

The company also recently announced a dividend, which will be paid on Friday, May 27th. Shareholders of record on Thursday, April 14th will be given a dividend of GBX 7.30 ($0.09) per share. This represents a yield of 2.32%. This is an increase from STV Group’s previous dividend of $3.70. The ex-dividend date is Thursday, April 14th. STV Group’s payout ratio is presently 0.24%.

About STV Group (LON:STVG)

STV Group plc, together with its subsidiaries, produces and broadcasts television programs in the United Kingdom. The company operates through Broadcast, Digital, Studios, and Other segments. It offers news, information, and entertainment programs. The company delivers its content on air, online, and on demand.

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