Time Out Group (LON:TMO) Reaches New 52-Week Low – Here’s What Happened

Time Out Group plc (LON:TMO)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 8.20 and last traded at GBX 8.20, with a volume of 174 shares. The stock had previously closed at GBX 8.35.

Time Out Group Stock Performance

The company has a 50-day moving average of GBX 8.63 and a 200-day moving average of GBX 10.89. The company has a market cap of £42.86 million, a PE ratio of -0.45 and a beta of 0.07. The company has a quick ratio of 0.38, a current ratio of 0.51 and a debt-to-equity ratio of -314.47.

Time Out Group (LON:TMO) last released its quarterly earnings results on Wednesday, December 31st. The company reported GBX (18.20) EPS for the quarter. Time Out Group had a negative net margin of 4.45% and a negative return on equity of 22,303.85%.

Insider Activity

In other news, insider Chris Ohlund acquired 1,250,000 shares of the firm’s stock in a transaction on Wednesday, January 7th. The stock was purchased at an average price of GBX 8 per share, for a total transaction of £100,000. Also, insider Matthew Robert Phillip Pritchard bought 250,000 shares of the company’s stock in a transaction on Wednesday, January 7th. The shares were purchased at an average cost of GBX 8 per share, for a total transaction of £20,000. Insiders bought a total of 73,780,288 shares of company stock worth $590,242,304 over the last quarter. Insiders own 23.40% of the company’s stock.

Time Out Group Company Profile

Time Out Group is a global media and hospitality business that inspires and enables people to experience the best of the city through its two divisions – Time Out Media and Time Out Market. Time Out launched in London in 1968 to help people discover the exciting new urban cultures that had started up all over the city – today it is the only global brand dedicated to city life. Expert journalists curate and create content about the best things to Do, See and Eat across over 350 cities in over 50 countries and across a unique multi-platform model spanning both digital and physical channels.