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

Time Out Group plc (LON:TMO)’s stock price reached a new 52-week low on Thursday . The company 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 quick ratio of 0.38 and a current ratio of 0.70. The company has a market capitalization of £42.07 million, a PE ratio of -0.44 and a beta of 1.09. The company has a 50 day moving average price of GBX 8.73 and a 200 day moving average price of GBX 11.37.

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

Insiders Place Their Bets

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

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.