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

Shares of STV Group plc (LON:STVG) reached a new 52-week low on Monday . The stock traded as low as GBX 163 ($2.11) 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).

Analysts Set New Price Targets

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

STV Group Trading Down 0.2 %

The stock has a market capitalization of £75.32 million, a P/E ratio of 11.01 and a beta of 0.09. The stock’s 50 day moving average price is GBX 188.19 and its 200-day moving average price is GBX 215.35. 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.

STV Group (LON:STVG) last announced its earnings results 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%. As a group, equities research analysts expect that STV Group plc will post 30.3860523 earnings per share for the current 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 GBX 7.40 ($0.10) dividend. The ex-dividend date is Thursday, April 17th. This represents a dividend yield of 4.5%. This is an increase from STV Group’s previous dividend of $3.90. STV Group’s payout ratio 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.