Time Out Group (LON:TMO) Reaches New 12-Month Low – Should You Sell?

Time Out Group plc (LON:TMO)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 7.80 and last traded at GBX 7.80, with a volume of 37694 shares traded. The stock had previously closed at GBX 8.25.

Time Out Group Stock Performance

The firm has a market capitalization of £40.77 million, a price-to-earnings ratio of -0.43 and a beta of 0.07. The company has a debt-to-equity ratio of -314.47, a current ratio of 0.51 and a quick ratio of 0.38. The firm has a 50 day moving average price of GBX 8.42 and a 200-day moving average price of GBX 10.27.

Time Out Group (LON:TMO) last released its earnings results on Tuesday, March 31st. The company reported GBX (1.90) earnings per share (EPS) for the quarter. Time Out Group had a negative net margin of 87.11% and a negative return on equity of 22,303.85%. The company had revenue of GBX 3,975 million during the quarter.

Insider Buying and Selling at Time Out Group

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