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

STV Group plc (LON:STVG - Get Free Report) insider Colin Robert Jones bought 10,000 shares of the stock in a transaction dated Friday, November 15th. The stock was bought at an average cost of GBX 218 ($2.75) per share, with a total value of £21,800 ($27,473.22).

STV Group Price Performance

LON:STVG remained flat at GBX 213 ($2.68) during trading hours on Friday. 27,497 shares of the company traded hands, compared to its average volume of 54,063. The company has a quick ratio of 1.09, a current ratio of 1.51 and a debt-to-equity ratio of 1,725.00. STV Group plc has a twelve month low of GBX 175.50 ($2.21) and a twelve month high of GBX 297 ($3.74). The firm has a market cap of £97.02 million, a P/E ratio of 1,521.43 and a beta of 0.09. The company's 50 day simple moving average is GBX 241.27 and its 200-day simple moving average is GBX 258.48.

STV Group Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, November 7th. Investors of record on Thursday, September 26th were paid a GBX 3.90 ($0.05) dividend. This represents a yield of 1.48%. The ex-dividend date of this dividend was Thursday, September 26th. STV Group's payout ratio is currently 7,857.14%.

Analysts Set New Price Targets

Separately, Shore Capital restated a "house stock" rating on shares of STV Group in a report on Tuesday, September 3rd.

STV Group Company Profile

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.