Time Out Group (LON:TMO) Hits New 1-Year Low – Here’s What Happened

Time Out Group plc (LON:TMO)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 7.80 and last traded at GBX 7.80, with a volume of 37694 shares. The stock had previously closed at GBX 8.25.

Time Out Group Stock Performance

The stock’s 50-day simple moving average is GBX 8.37 and its 200 day simple moving average is GBX 10.21. 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 debt-to-equity ratio of -314.47, a quick ratio of 0.38 and a current ratio of 0.51.

Time Out Group (LON:TMO) last released its quarterly earnings data on Tuesday, March 31st. The company reported GBX (1.90) earnings per share (EPS) for the quarter. The firm had revenue of GBX 3,975 million for the quarter. Time Out Group had a negative return on equity of 22,303.85% and a negative net margin of 87.11%.

Insiders Place Their Bets

In other Time Out Group news, insider Matthew Robert Phillip Pritchard acquired 250,000 shares of the company’s stock in a transaction dated Wednesday, January 7th. The shares were acquired at an average price of GBX 8 per share, for a total transaction of £20,000. Also, insider Chris Ohlund bought 1,250,000 shares of the business’s stock in a transaction dated Wednesday, January 7th. The shares were acquired at an average cost of GBX 8 per share, for a total transaction of £100,000. Insiders acquired 73,780,288 shares of company stock valued at $590,242,304 in the last ninety days. Insiders own 23.40% of the company’s stock.

About Time Out Group

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.