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

STV Group plc (LON:STVG - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 165 ($2.14) and last traded at GBX 166 ($2.15), with a volume of 37095 shares trading hands. The stock had previously closed at GBX 167 ($2.17).

Analyst Upgrades and Downgrades

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

STV Group Stock Performance

The company has a market cap of £76.47 million, a PE ratio of 11.17 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. The firm's 50 day moving average is GBX 190.75 and its 200-day moving average is GBX 218.04.

STV Group (LON:STVG - Get Free Report) last posted its quarterly 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, research analysts anticipate that STV Group plc will post 30.3860523 earnings per share for the current fiscal year.

STV Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders 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. The ex-dividend date of this dividend is Thursday, April 17th. This represents a dividend yield of 4.5%. STV Group's dividend payout ratio is 75.10%.

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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.