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

STV Group plc (LON:STVG - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 185.49 ($2.50) and traded as low as GBX 175 ($2.36). STV Group shares last traded at GBX 175 ($2.36), with a volume of 22,737 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "house stock" rating on shares of STV Group in a research note on Thursday, May 22nd.

STV Group Price Performance

The company has a market cap of £80.36 million, a price-to-earnings ratio of 11.74 and a beta of 0.09. The company's 50 day moving average price is GBX 167.96 and its 200 day moving average price is GBX 184.97. The company has a current ratio of 1.51, a quick ratio of 1.09 and a debt-to-equity ratio of -14,440.00.

Insider Transactions at STV Group

In other news, insider Rufus Radcliffe bought 48,331 shares of STV Group stock in a transaction that occurred on Monday, May 19th. The shares were purchased at an average price of GBX 163 ($2.19) per share, for a total transaction of £78,779.53 ($106,086.09). Corporate insiders own 5.86% of the company's stock.

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 free streaming service STV Player, features a library of premium content and is available on all major platforms across the UK.