Time Out Group (LON:TMO) Reaches New 1-Year Low – What’s Next?

Time Out Group plc (LON:TMO)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 8.20 and last traded at GBX 8.20, with a volume of 174 shares changing hands. The stock had previously closed at GBX 8.35.

Time Out Group Trading Down 1.8%

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 fifty day simple moving average of GBX 8.63 and a two-hundred day simple moving average of GBX 10.89. The firm has a market capitalization of £42.86 million, a P/E ratio of -0.45 and a beta of 0.07.

Time Out Group (LON:TMO) last issued its earnings results on Wednesday, December 31st. The company reported GBX (18.20) earnings per share (EPS) for the quarter. Time Out Group had a negative net margin of 4.45% and a negative return on equity of 22,303.85%.

Insider Buying and Selling

In other news, insider Matthew Robert Phillip Pritchard acquired 250,000 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were acquired at an average cost of GBX 8 per share, for a total transaction of £20,000. Also, insider Peter Adam Daiches Dubens acquired 72,280,288 shares of the company’s stock in a transaction on Wednesday, January 7th. The shares were acquired at an average cost of GBX 8 per share, for a total transaction of £5,782,423.04. In the last 90 days, insiders bought 73,780,288 shares of company stock valued at $590,242,304. 23.40% of the stock is owned by 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.