STV Group (LON:STVG) Hits New 1-Year Low – Should You Sell?

STV Group plc (LON:STVG) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 165.75 ($2.13) and last traded at GBX 168.50 ($2.17), with a volume of 289124 shares trading hands. The stock had previously closed at GBX 179 ($2.30).

Wall Street Analyst Weigh In

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

STV Group Stock Down 5.9 %

The stock has a 50 day moving average of GBX 199.46 and a 200 day moving average of GBX 223.62. The firm has a market capitalization of £78.73 million, a price-to-earnings ratio of 11.50 and a beta of 0.09. 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.

About STV Group

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.