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

Key Points

• STV Group shares have fallen below their 200-day moving average, closing at GBX 113.50 ($1.52) after trading as low as GBX 113.10 ($1.51).
• Despite the decline in share price, Shore Capital maintained a "house stock" rating for STV Group in their recent report.
• Insider Colin Robert Jones purchased 25,000 shares at an average price of GBX 110 each, reflecting confidence in the company's future potential.

Shares of STV Group plc (LON:STVG - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 150.41 ($2.01) and traded as low as GBX 113.10 ($1.51). STV Group shares last traded at GBX 113.50 ($1.52), with a volume of 9,192 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "house stock" rating on shares of STV Group in a report on Thursday, September 25th.

STV Group Trading Up 2.1%

The stock has a market capitalization of £52.93 million, a price-to-earnings ratio of 10.44 and a beta of 0.09. The company has a debt-to-equity ratio of -14,440.00, a quick ratio of 1.09 and a current ratio of 1.51. The firm has a fifty day moving average of GBX 118.87 and a 200-day moving average of GBX 150.41.

STV Group (LON:STVG - Get Free Report) last announced its quarterly earnings results on Thursday, September 25th. The company reported GBX 7.10 earnings per share (EPS) for the quarter. STV Group had a negative return on equity of 172.50% and a net margin of 3.76%. As a group, equities analysts predict that STV Group plc will post 30.3860523 earnings per share for the current fiscal year.

Insider Buying and Selling at STV Group

In other STV Group news, insider Colin Robert Jones bought 25,000 shares of the stock in a transaction dated Thursday, September 25th. The stock was bought at an average cost of GBX 110 per share, for a total transaction of £27,500. 2.31% of the stock is owned by corporate insiders.

STV Group Company Profile

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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