Hostmore (LON:MORE) Hits New 52-Week Low – Here’s Why

Hostmore plc (LON:MORE – Get Free Report)’s stock price hit a new 52-week low on Thursday. The stock traded as low as GBX 9,000 and last traded at GBX 9,000, with a volume of 156 shares changing hands. The stock had previously closed at GBX 9,500.

Hostmore Stock Down 5.3%

The firm has a market cap of £11.35 billion, a PE ratio of -40,909.09 and a beta of 0.86. The company has a quick ratio of 0.41, a current ratio of 0.27 and a debt-to-equity ratio of 1,145.20.

About Hostmore

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Hostmore plc operates in the hospitality business. It operates American-themed casual dining restaurants under the TGI Fridays brand; cocktail-led bar and restaurants under the 63rd+1st brand; and fast casual dining restaurants under the Fridays and Go brand. The company was incorporated in 2021 and is based in Edinburgh, the United Kingdom.

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