STV Group (LON:STVG) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

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 ($3.06) and traded as low as GBX 216 ($2.67). STV Group shares last traded at GBX 216 ($2.67), with a volume of 38,403 shares changing hands.

STV Group Price Performance

The business’s fifty day moving average price is GBX 221.85 and its 200-day moving average price is GBX 247.39. The company has a debt-to-equity ratio of 1,725.00, a current ratio of 1.51 and a quick ratio of 1.09. The stock has a market capitalization of £98.39 million, a price-to-earnings ratio of 1,542.86 and a beta of 0.09.

Insider Activity at STV Group

In other STV Group news, insider Colin Robert Jones purchased 10,000 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were purchased at an average cost of GBX 218 ($2.70) per share, with a total value of £21,800 ($26,983.54). 5.86% of the stock is owned by insiders.

About STV Group

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.