STV Group (LON:STVG) Posts Earnings Results

Key Points

• STV Group reported earnings of GBX 7.10 per share for the quarter, with a negative return on equity of 172.50% and a net margin of 3.76%.
• The stock experienced a 3.4% decline, opening at GBX 110.60, and has a market capitalization of £50.53 million.
• STV aims to expand its audience by launching an audio division and a new Scotland-focused commercial radio station, alongside its TV channel and STV Player streaming service.

STV Group (LON:STVG - ) announced its quarterly earnings results on Thursday. The company reported GBX 7.10 earnings per share (EPS) for the quarter, Digital Look Earnings reports. STV Group had a negative return on equity of 172.50% and a net margin of 3.76%.

STV Group Stock Down 3.4%

STV Group stock opened at GBX 110.60 on Thursday. 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 stock has a market capitalization of £50.53 million, a price-to-earnings ratio of 472.65 and a beta of 0.09. STV Group has a 1-year low of GBX 107 and a 1-year high of GBX 253.60. The business has a fifty day moving average price of GBX 132.47 and a 200-day moving average price of GBX 156.80.

About STV Group

STV's exciting vision is to become Scotland's leading platform for audiences and advertisers and a global content powerhouse. On-air, STV reaches more than two in three Scottish adults every month through its TV channel and streaming service, STV Player. It will soon expand its audience even further by launching an audio division and a major new Scotland-focused commercial radio station.

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