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

STV Group plc (LON:STVG) shares hit 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 trading hands. The stock had previously closed at GBX 164 ($2.12).

Wall Street Analysts Forecast Growth

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

STV Group Trading Down 2.4 %

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. The stock has a market cap of £74.76 million, a PE ratio of 10.92 and a beta of 0.09. The stock has a 50-day moving average price of GBX 189.89 and a two-hundred day moving average price of GBX 216.75.

STV Group (LON:STVG) last released its quarterly earnings data on Wednesday, March 12th. The company reported GBX 29 ($0.37) 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%. Sell-side analysts forecast that STV Group plc will post 30.3860523 earnings per share for the current fiscal year.

STV Group Increases Dividend

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