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

Key Points

• STV Group shares fell below the 200-day moving average of GBX 175.09, closing at GBX 127 ($1.69) during trading, indicating potential volatility.
• Insider Rufus Radcliffe purchased 48,331 shares at an average price of GBX 163, highlighting confidence from management despite recent stock performance.
• STV Group's market cap stands at £59.91 million, with a PE ratio of 8.75 and a debt-to-equity ratio that raises serious concerns due to its extreme negative value.

Shares of STV Group plc (LON:STVG - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 175.09 ($2.35) and traded as low as GBX 127 ($1.71). STV Group shares last traded at GBX 127 ($1.71), with a volume of 76,191 shares traded.

Analyst Ratings Changes

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

STV Group Trading Up 0.2%

The company has a market cap of £59.80 million, a PE ratio of 8.74 and a beta of 0.09. 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 company has a 50-day moving average of GBX 172.12 and a 200 day moving average of GBX 173.47.

Insider Buying and Selling

In related news, insider Rufus Radcliffe purchased 48,331 shares of the company's stock in a transaction that occurred on Monday, May 19th. The stock was bought at an average price of GBX 163 ($2.19) per share, for a total transaction of £78,779.53 ($105,957.67). 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.