Time Out Group (LON:TMO) Stock Price Down 1.9% – What’s Next?

Time Out Group plc (LON:TMO) shares dropped 1.9% during trading on Wednesday . The company traded as low as GBX 51 ($0.64) and last traded at GBX 51 ($0.64). Approximately 7,918 shares were traded during trading, a decline of 95% from the average daily volume of 174,830 shares. The stock had previously closed at GBX 52 ($0.65).

Time Out Group Trading Down 1.0 %

The firm has a market cap of £173.57 million, a PE ratio of -850.00 and a beta of 1.09. The firm has a fifty day simple moving average of GBX 50.89 and a two-hundred day simple moving average of GBX 53.06. The company has a current ratio of 0.81, a quick ratio of 0.38 and a debt-to-equity ratio of 209.61.

Insider Activity at Time Out Group

In related news, insider Peter Adam Daiches Dubens purchased 666,666 shares of Time Out Group stock in a transaction that occurred on Thursday, October 31st. The shares were bought at an average price of GBX 50 ($0.63) per share, for a total transaction of £333,333 ($418,917.93). 47.53% of the stock is owned by corporate insiders.

About Time Out Group

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.