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

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

STV Group Price Performance

STVG stock opened at GBX 213 ($2.68) on Friday. 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 50-day moving average of GBX 241.27 and a two-hundred day moving average of GBX 258.61. The stock has a market capitalization of £97.02 million, a price-to-earnings ratio of 1,521.43 and a beta of 0.09. STV Group plc has a 52-week low of GBX 175.50 ($2.21) and a 52-week high of GBX 297 ($3.74).

STV Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, November 7th. Shareholders of record on Thursday, September 26th were issued 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 dividend payout ratio (DPR) is currently 7,857.14%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed 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.