STV Group (LON:STVG) Share Price Passes Below 200 Day Moving Average – Time to Sell?

STV Group plc (LON:STVG)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 212.64 ($2.75) and traded as low as GBX 163 ($2.11). STV Group shares last traded at GBX 164.50 ($2.13), with a volume of 91,174 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of STV Group in a research report on Tuesday, March 11th.

STV Group Trading Up 0.9 %

The company has a debt-to-equity ratio of -14,440.00, a current ratio of 1.51 and a quick ratio of 1.09. The company has a market capitalization of £76.86 million, a price-to-earnings ratio of 11.23 and a beta of 0.09. The business has a fifty day moving average price of GBX 185.13 and a 200 day moving average price of GBX 212.64.

STV Group (LON:STVG) last announced its earnings results on Wednesday, March 12th. The company reported GBX 29 ($0.37) earnings per share (EPS) for the quarter. STV Group had a net margin of 3.76% and a negative return on equity of 172.50%. On average, equities analysts expect that STV Group plc will post 30.3860523 EPS for the current fiscal year.

STV Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, April 17th will be given a GBX 7.40 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a dividend yield of 4.5%. This is an increase from STV Group’s previous dividend of $3.90. STV Group’s dividend payout ratio (DPR) is currently 75.10%.

STV Group Company Profile

STV is Scotland’s home of news, entertainment and drama, serving audiences with quality content on air, online and on demand.

STV’s broadcast channel reaches 2.8 million viewers each month, while rapidly growing, free streaming service STV Player, features a library of premium content and is available on all major platforms across the UK.