Time Out Group (LON:TMO) Shares Down 3.7% – Time to Sell?

Time Out Group plc (LON:TMOGet Free Report)’s stock price dropped 3.7% during trading on Wednesday . The stock traded as low as GBX 6.25 and last traded at GBX 6.50. 550,698 shares traded hands during mid-day trading, an increase of 767% from the average session volume of 63,546 shares. The stock had previously closed at GBX 6.75.

Time Out Group Price Performance

The company’s 50-day moving average price is GBX 7.23 and its two-hundred day moving average price is GBX 7.79. 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 company has a market capitalization of £33.97 million, a P/E ratio of -0.36 and a beta of 0.07.

About Time Out Group

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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.

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