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

STV Group plc (LON:STVG)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 244.36 ($2.99) and traded as low as GBX 207 ($2.53). STV Group shares last traded at GBX 208 ($2.55), with a volume of 38,747 shares traded.

STV Group Price Performance

The stock’s 50 day simple moving average is GBX 219.49 and its 200 day simple moving average is GBX 244.36. The firm has a market capitalization of £94.74 million, a P/E ratio of 1,485.71 and a beta of 0.09. The company has a debt-to-equity ratio of 1,725.00, a quick ratio of 1.09 and a current ratio of 1.51.

Insider Buying and Selling

In other STV Group news, insider Colin Robert Jones purchased 10,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were purchased at an average cost of GBX 218 ($2.67) per share, for a total transaction of £21,800 ($26,676.46). 5.86% of the stock is currently owned by company insiders.

About STV Group

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.