STV Group plc (LON:STVG) Insider Buys £21,800 in Stock

STV Group plc (LON:STVG) insider Colin Robert Jones purchased 10,000 shares of STV Group stock in a transaction dated Friday, November 15th. The stock was bought at an average price of GBX 218 ($2.75) per share, with a total value of £21,800 ($27,473.22).

STV Group Stock Performance

Shares of STV Group stock opened at GBX 213 ($2.68) on Monday. The company has a debt-to-equity ratio of 1,725.00, a current ratio of 1.51 and a quick ratio of 1.09. The firm has a market cap of £97.02 million, a price-to-earnings ratio of 1,521.43 and a beta of 0.09. STV Group plc has a one year low of GBX 175.50 ($2.21) and a one year high of GBX 297 ($3.74). The stock’s 50-day moving average is GBX 241.27 and its 200-day moving average is GBX 258.73.

STV Group Cuts Dividend

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

Wall Street Analysts Forecast Growth

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

STV Group Company Profile

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.