STV Group (LON:STVG) Share Price Breaks Below 50 Day Moving Average – Here’s What Happened

STV Group plc (LON:STVG – Get Free Report)’s share price passed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 101.44 and traded as low as GBX 99. STV Group shares last traded at GBX 100.50, with a volume of 77,161 shares trading hands.

STV Group Stock Down 0.9%

The company has a market cap of £45.57 million, a price-to-earnings ratio of -1.76 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 firm has a 50-day moving average price of GBX 101.44 and a 200 day moving average price of GBX 104.62.

STV Group Company Profile

(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.

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