Time Out Group (LON:TMO) Releases Earnings Results

Time Out Group (LON:TMO) issued its earnings results on Tuesday. The company reported GBX (1.90) earnings per share for the quarter, Digital Look Earnings reports. Time Out Group had a negative return on equity of 22,303.85% and a negative net margin of 87.11%.The firm had revenue of GBX 3,975 million during the quarter.

Time Out Group Price Performance

TMO traded down GBX 0.45 on Thursday, hitting GBX 7.80. 37,694 shares of the company’s stock traded hands, compared to its average volume of 72,109. The company’s 50 day simple moving average is GBX 8.42 and its 200-day simple moving average is GBX 10.27. The company has a current ratio of 0.51, a quick ratio of 0.38 and a debt-to-equity ratio of -314.47. Time Out Group has a one year low of GBX 7.80 and a one year high of GBX 34. The firm has a market cap of £40.77 million, a price-to-earnings ratio of -0.43 and a beta of 0.07.

Insider Buying and Selling at Time Out Group

In related news, insider Chris Ohlund acquired 1,250,000 shares of Time Out Group stock in a transaction dated Wednesday, January 7th. The shares were purchased at an average price of GBX 8 per share, for a total transaction of £100,000. Also, insider Peter Adam Daiches Dubens purchased 72,280,288 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The stock was bought at an average price of GBX 8 per share, with a total value of £5,782,423.04. Insiders purchased a total of 73,780,288 shares of company stock valued at $590,242,304 in the last three months. 23.40% of the stock is currently owned by corporate 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.