Insider Buying: STV Group plc (LON:STVG) Insider Acquires 10,000 Shares of Stock

STV Group plc (LON:STVG) insider Colin Robert Jones acquired 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were bought at an average price of GBX 218 ($2.75) per share, with a total value of £21,800 ($27,473.22).

STV Group Stock Performance

STVG stock opened at GBX 213 ($2.68) on Friday. STV Group plc has a 1-year low of GBX 175.50 ($2.21) and a 1-year high of GBX 297 ($3.74). The company has a debt-to-equity ratio of 1,725.00, a current ratio of 1.51 and a quick ratio of 1.09. The company has a market capitalization of £97.02 million, a price-to-earnings ratio of 1,521.43 and a beta of 0.09. The business has a 50 day simple moving average of GBX 241.27 and a two-hundred day simple moving average of GBX 258.48.

STV Group Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, November 7th. Stockholders of record on Thursday, September 26th were given a dividend of GBX 3.90 ($0.05) per share. The ex-dividend date was Thursday, September 26th. This represents a dividend yield of 1.48%. STV Group’s dividend payout ratio is currently 7,857.14%.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of STV Group in a research note on Tuesday, September 3rd.

About STV Group

STV Group plc, together with its subsidiaries, produces and broadcasts television programs in the United Kingdom. The company operates through Broadcast, Digital, and Studios segments. It offers news, information, and entertainment and drama programs. The company delivers its content on air, online, and on demand.