STV Group (LON:STVG) Reaches New 1-Year Low – Here’s Why

Shares of STV Group plc (LON:STVG) hit a new 52-week low during trading on Monday . The company traded as low as GBX 165 ($2.15) and last traded at GBX 166 ($2.16), with a volume of 37095 shares traded. The stock had previously closed at GBX 167 ($2.17).

Analyst Upgrades and Downgrades

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

STV Group Trading Down 0.3 %

The company has a market capitalization of £76.62 million, a price-to-earnings ratio of 11.20 and a beta of 0.09. The business has a fifty day moving average price of GBX 192.57 and a 200 day moving average price of GBX 218.76. The company has a debt-to-equity ratio of -14,440.00, a current ratio of 1.51 and a quick ratio of 1.09.

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

STV Group Increases Dividend

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

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.