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

STV Group plc (LON:STVG)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 238.20 ($2.96) and traded as low as GBX 195.73 ($2.43). STV Group shares last traded at GBX 199 ($2.47), with a volume of 18,469 shares changing hands.

STV Group Stock Performance

The company has a current ratio of 1.51, a quick ratio of 1.09 and a debt-to-equity ratio of 1,725.00. The company has a market cap of £90.64 million, a PE ratio of 1,421.43 and a beta of 0.09. The business has a fifty day moving average of GBX 213.37 and a 200-day moving average of GBX 238.20.

Insider Activity

In other STV Group news, insider Colin Robert Jones acquired 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were bought at an average cost of GBX 218 ($2.71) per share, with a total value of £21,800 ($27,074.02). Insiders own 5.86% of the company’s stock.

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.