Time Out Group (LON:TMO) Sets New 52-Week Low – Time to Sell?

Time Out Group plc (LON:TMO)’s share price reached a new 52-week low on Thursday . The stock traded as low as GBX 8.05 and last traded at GBX 8.05, with a volume of 61388 shares changing hands. The stock had previously closed at GBX 8.55.

Time Out Group Stock Performance

The company has a debt-to-equity ratio of 217.42, a current ratio of 0.70 and a quick ratio of 0.38. The company has a market cap of £42.07 million, a PE ratio of -0.44 and a beta of 1.09. The stock has a 50 day simple moving average of GBX 8.73 and a two-hundred day simple moving average of GBX 11.37.

Time Out Group (LON:TMO) last issued its quarterly earnings data on Wednesday, December 31st. The company reported GBX (18.20) earnings per share (EPS) for the quarter. Time Out Group had a negative return on equity of 16.49% and a negative net margin of 4.45%.

Insider Activity at Time Out Group

In other news, insider Peter Adam Daiches Dubens purchased 72,280,288 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The shares were acquired at an average price of GBX 8 per share, with a total value of £5,782,423.04. Also, insider Chris Ohlund acquired 1,250,000 shares of the stock in a transaction that occurred on Wednesday, January 7th. The stock was acquired at an average cost of GBX 8 per share, for a total transaction of £100,000. Insiders bought a total of 73,780,288 shares of company stock worth $590,242,304 over the last 90 days. Company 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.