Time Out Group (LON:TMO) Sets New 12-Month Low – Here’s Why

Time Out Group plc (LON:TMO)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 21 ($0.27) and last traded at GBX 51 ($0.65), with a volume of 206786 shares traded. The stock had previously closed at GBX 52 ($0.66).

Time Out Group Price Performance

The firm has a 50 day moving average of GBX 51.52 and a 200-day moving average of GBX 53.01. The company has a current ratio of 0.81, a quick ratio of 0.38 and a debt-to-equity ratio of 209.61. The company has a market cap of £173.57 million, a P/E ratio of -866.67 and a beta of 1.09.

Insider Buying and Selling at Time Out Group

In other Time Out Group news, insider Peter Adam Daiches Dubens bought 666,666 shares of the business’s stock in a transaction that occurred on Thursday, October 31st. The stock was purchased at an average cost of GBX 50 ($0.63) per share, with a total value of £333,333 ($422,582.40). Insiders own 47.53% of the company’s stock.

Time Out Group Company Profile

Time Out Group plc, together with its subsidiaries, engages in the media and entertainment business. It operates through Time Out Market and Time Out Media segments. The Time Out Market segment operates bars; and engages in retail, events, and sponsorship business activities. The Time Out Media segment engages in the sale of digital and print advertising, local marketing solutions, and live events tickets; as well as involved in franchise activities.