STV Group (LON:STVG) Stock Price Crosses 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 Tuesday . The stock has a 200-day moving average of GBX 105.91 and traded as low as GBX 104. STV Group shares last traded at GBX 104, with a volume of 3,000 shares changing hands.

STV Group Stock Performance

The company has a debt-to-equity ratio of -890.59, a quick ratio of 1.08 and a current ratio of 1.50. The company has a market cap of £47.61 million, a P/E ratio of -9.63 and a beta of 0.15. The stock’s fifty day moving average price is GBX 102.67 and its two-hundred day moving average price is GBX 105.83.

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.