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

STV Group plc (LON:STVG - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 191.61 ($2.59) and traded as low as GBX 159.50 ($2.16). STV Group shares last traded at GBX 162 ($2.19), with a volume of 100,368 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "house stock" rating on shares of STV Group in a research note on Thursday.

STV Group Stock Performance

The firm has a fifty day simple moving average of GBX 162.19 and a 200-day simple moving average of GBX 189.80. 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 company has a market cap of £76.62 million, a PE ratio of 11.20 and a beta of 0.09.

STV Group (LON:STVG - Get Free Report) last released its quarterly earnings results on Wednesday, March 12th. The company reported GBX 29 ($0.39) 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%. On average, research analysts forecast that STV Group plc will post 30.3860523 EPS for the current fiscal year.

STV Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, April 17th will be given a dividend of GBX 7.40 ($0.10) per share. The ex-dividend date is Thursday, April 17th. This is a positive change from STV Group's previous dividend of $3.90. This represents a dividend yield of 4.5%. STV Group's dividend payout ratio (DPR) is 75.10%.

Insider Activity

In related news, insider Rufus Radcliffe acquired 48,331 shares of STV Group stock in a transaction on Monday, May 19th. The stock was purchased at an average cost of GBX 163 ($2.21) per share, with a total value of £78,779.53 ($106,602.88). Corporate 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 free streaming service STV Player, features a library of premium content and is available on all major platforms across the UK.