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

Key Points

• STV Group plc shares have recently fallen below their 200-day moving average, registering at GBX 117 ($1.58), which indicates a potential decline in investor confidence.
• Despite the stock's downturn, Colin Robert Jones, an insider, purchased 25,000 shares at GBX 110 each, suggesting confidence in the company's future prospects.
• STV Group reported an earnings per share of GBX 7.10 for the last quarter, but it also faced a negative return on equity of 172.50%, highlighting challenges in profitability.

STV Group plc (LON:STVG - Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 154.22 ($2.08) and traded as low as GBX 117 ($1.58). STV Group shares last traded at GBX 117 ($1.58), with a volume of 33,037 shares traded.

Analyst Upgrades and Downgrades

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

STV Group Stock Up 0.9%

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 £53.46 million, a price-to-earnings ratio of 500.00 and a beta of 0.09. The stock has a fifty day moving average price of GBX 121.79 and a two-hundred day moving average price of GBX 154.22.

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

Insider Buying and Selling

In related news, insider Colin Robert Jones purchased 25,000 shares of the company's stock in a transaction that occurred on Thursday, September 25th. The stock was acquired at an average price of GBX 110 per share, with a total value of £27,500. 2.25% of the stock is currently owned by company insiders.

About STV Group

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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