STV Group (LON:STVG) Sets New 1-Year Low – What’s Next?

Shares of STV Group plc (LON:STVG) reached a new 52-week low on Monday . The company traded as low as GBX 163 ($2.10) and last traded at GBX 160 ($2.07), with a volume of 49391 shares traded. The stock had previously closed at GBX 164 ($2.12).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of STV Group in a research report on Tuesday, March 11th.

STV Group Price Performance

The stock’s 50 day simple moving average is GBX 189.89 and its 200 day simple moving average is GBX 216.75. The company has a debt-to-equity ratio of -14,440.00, a quick ratio of 1.09 and a current ratio of 1.51. The firm has a market capitalization of £74.76 million, a P/E ratio of 10.92 and a beta of 0.09.

STV Group (LON:STVG) last released its quarterly earnings data on Wednesday, March 12th. The company reported GBX 29 ($0.37) EPS for the quarter. STV Group had a negative return on equity of 172.50% and a net margin of 3.76%. As a group, analysts expect that STV Group plc will post 30.3860523 earnings per share for the current fiscal year.

STV Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, April 17th will be given a GBX 7.40 ($0.10) dividend. This represents a dividend yield of 4.5%. The ex-dividend date of this dividend is Thursday, April 17th. This is a boost from STV Group’s previous dividend of $3.90. STV Group’s dividend payout ratio is presently 75.10%.

STV Group Company Profile

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 rapidly growing, free streaming service STV Player, features a library of premium content and is available on all major platforms across the UK.