STV Group (LON:STVG) Hits New 12-Month Low – Here’s Why

STV Group plc (LON:STVG)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 160 ($2.08) and last traded at GBX 160 ($2.08), with a volume of 21686 shares. The stock had previously closed at GBX 161.50 ($2.10).

Analyst Ratings Changes

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

STV Group Stock Down 0.9 %

The business’s 50-day moving average is GBX 183.64 and its two-hundred day moving average is GBX 211.61. The firm has a market capitalization of £74.76 million, a price-to-earnings ratio of 10.92 and a beta of 0.09. 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.

STV Group (LON:STVG) last posted its earnings results on Wednesday, March 12th. The company reported GBX 29 ($0.38) earnings per share for the quarter. STV Group had a net margin of 3.76% and a negative return on equity of 172.50%. On average, equities analysts anticipate that STV Group plc will post 30.3860523 earnings per share for the current year.

STV Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, April 17th will be issued 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 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.