STV Group (LON:STVG) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

STV Group plc (LON:STVG)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 259.29 ($3.34) and traded as low as GBX 231 ($2.97). STV Group shares last traded at GBX 231 ($2.97), with a volume of 17,631 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of STV Group in a research report on Tuesday, September 3rd.

STV Group Stock Down 0.4 %

The company has a debt-to-equity ratio of 1,725.00, a quick ratio of 1.09 and a current ratio of 1.51. The firm has a market capitalization of £105.22 million, a P/E ratio of 1,650.00 and a beta of 0.09. The stock has a fifty day moving average price of GBX 244.81 and a two-hundred day moving average price of GBX 259.29.

STV Group Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, November 7th. Stockholders of record on Thursday, September 26th were issued a GBX 3.90 ($0.05) dividend. The ex-dividend date was Thursday, September 26th. This represents a dividend yield of 1.48%. STV Group’s dividend payout ratio (DPR) is 7,857.14%.

About STV Group

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