STV Group (LON:STVG) Stock Passes Below 200-Day Moving Average – Here’s Why

STV Group plc (LON:STVG)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 247.39 ($3.07) and traded as low as GBX 216 ($2.68). STV Group shares last traded at GBX 216 ($2.68), with a volume of 38,403 shares changing hands.

STV Group Price Performance

The company has a quick ratio of 1.09, a current ratio of 1.51 and a debt-to-equity ratio of 1,725.00. The company has a market cap of £98.39 million, a PE ratio of 1,542.86 and a beta of 0.09. The company’s fifty day moving average is GBX 221.47 and its 200-day moving average is GBX 246.94.

Insider Transactions at STV Group

In other STV Group news, insider Colin Robert Jones acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were bought at an average price of GBX 218 ($2.71) per share, with a total value of £21,800 ($27,080.75). Company insiders own 5.86% of the company’s stock.

STV Group Company Profile

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