Shares of STV Group plc (LON:STVG – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 258.94 ($3.38) and traded as low as GBX 230 ($3.00). STV Group shares last traded at GBX 230 ($3.00), with a volume of 9,140 shares.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a “house stock” rating on shares of STV Group in a research report on Tuesday, September 3rd.
View Our Latest Report on STVG
STV Group Stock Performance
STV Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Thursday, November 7th. Shareholders of record on Thursday, September 26th will be issued a dividend of GBX 3.90 ($0.05) per share. This represents a yield of 1.48%. The ex-dividend date is Thursday, September 26th. STV Group’s dividend payout ratio is 7,857.14%.
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.
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