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

Time Out Group plc (LON:TMO) shares hit a new 52-week low on Thursday . The company traded as low as GBX 7.80 and last traded at GBX 7.80, with a volume of 37694 shares changing hands. The stock had previously closed at GBX 8.25.

Time Out Group Price Performance

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

Time Out Group (LON:TMO) last released its quarterly earnings data on Tuesday, March 31st. The company reported GBX (1.90) 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 business had revenue of GBX 3,975 million during the quarter.

Insider Activity at Time Out Group

In related news, insider Chris Ohlund bought 1,250,000 shares of the 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 bought 250,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The stock was bought at an average cost of GBX 8 per share, for a total transaction of £20,000. Insiders acquired 73,780,288 shares of company stock valued at $590,242,304 over the last three months. 23.40% of the stock is owned by corporate insiders.

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.