Time Out Group (LON:TMO) Shares Down 2.9% – What’s Next?

Shares of Time Out Group plc (LON:TMO) traded down 2.9% during trading on Friday . The company traded as low as GBX 51 ($0.64) and last traded at GBX 51 ($0.64). 93,767 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 177,935 shares. The stock had previously closed at GBX 52.50 ($0.66).

Time Out Group Price Performance

The company has a market cap of £178.67 million, a price-to-earnings ratio of -875.00 and a beta of 1.09. The company has a current ratio of 0.81, a quick ratio of 0.38 and a debt-to-equity ratio of 209.61. The company has a fifty day moving average price of GBX 51.72 and a two-hundred day moving average price of GBX 53.03.

Insider Buying and Selling at Time Out Group

In other Time Out Group news, insider Peter Adam Daiches Dubens purchased 666,666 shares of the business’s stock in a transaction on Thursday, October 31st. The stock was purchased at an average price of GBX 50 ($0.63) per share, for a total transaction of £333,333 ($417,867.62). Insiders own 47.53% of the company’s stock.

About Time Out Group

Time Out Group plc, together with its subsidiaries, engages in the media and entertainment business. It operates through Time Out Market and Time Out Media segments. The Time Out Market segment operates bars; and engages in retail, events, and sponsorship business activities. The Time Out Media segment engages in the sale of digital and print advertising, local marketing solutions, and live events tickets; as well as involved in franchise activities.