Free Trial

STV Group (LON:STVG) Stock Price Crosses Below 200-Day Moving Average - What's Next?

STV Group logo with Communication Services background

Key Points

  • STV Group plc's stock price fell below its 200-day moving average of GBX 166.52, trading as low as GBX 123 on Thursday.
  • The company has a market capitalization of £58.17 million and a price-to-earnings ratio of 8.50, indicating potentially attractive valuation metrics.
  • Despite the stock drop, Shore Capital reaffirmed a "house stock" rating on STV Group, reflecting some level of confidence in the company's performance.
  • Five stocks we like better than STV Group.

Shares of STV Group plc (LON:STVG - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 166.52 ($2.26) and traded as low as GBX 123 ($1.67). STV Group shares last traded at GBX 125 ($1.69), with a volume of 76,773 shares changing hands.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on STV Group

STV Group Trading Up 0.4%

The company has a quick ratio of 1.09, a current ratio of 1.51 and a debt-to-equity ratio of -14,440.00. The firm has a 50 day moving average of GBX 156.29 and a 200 day moving average of GBX 165. The firm has a market cap of £53.00 million, a PE ratio of 495.73 and a beta of 0.09.

STV Group Company Profile

(Get Free Report)

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.

Featured Articles

Should You Invest $1,000 in STV Group Right Now?

Before you consider STV Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and STV Group wasn't on the list.

While STV Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Markets Are Sliding: Where to Find Opportunity
5 Hot Stocks to Buy Now: September’s Top Picks With Major Momentum
$15 Billion for Cybersecurity: The Government’s Next Big Push

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines