STV Group (LON:STVG) Share Price Crosses Below 200 Day Moving Average of $279.61

STV Group plc (LON:STVGGet Rating)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 279.61 ($3.31) and traded as low as GBX 254.38 ($3.01). STV Group shares last traded at GBX 255 ($3.02), with a volume of 3 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of STV Group in a research report on Wednesday, August 31st.

STV Group Price Performance

The company has a current ratio of 2.02, a quick ratio of 1.09 and a debt-to-equity ratio of 1,725.00. The business has a fifty day simple moving average of GBX 262.38 and a 200 day simple moving average of GBX 279.61. The stock has a market capitalization of £119.14 million and a P/E ratio of 593.02.

STV Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, November 3rd. Shareholders of record on Thursday, September 22nd were issued a dividend of GBX 3.90 ($0.05) per share. This represents a yield of 1.41%. The ex-dividend date was Thursday, September 22nd. STV Group’s dividend payout ratio is currently 25.58%.

Insiders Place Their Bets

In related news, insider Aki Mandhar acquired 2,627 shares of the firm’s stock in a transaction on Friday, October 21st. The stock was purchased at an average cost of GBX 265 ($3.13) per share, with a total value of £6,961.55 ($8,231.70).

STV Group Company Profile

(Get Rating)

STV Group plc, together with its subsidiaries, produces and broadcasts television programs in the United Kingdom. The company operates through Broadcast, Digital, Studios, and Other segments. It offers news, information, and entertainment programs. The company delivers its content on air, online, and on demand.

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