Time Out Group (LON:TMO) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

Time Out Group plc (LON:TMO)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 8.43 and traded as low as GBX 8. Time Out Group shares last traded at GBX 8, with a volume of 5 shares traded.

Time Out Group Stock Performance

The company has a quick ratio of 0.38, a current ratio of 0.51 and a debt-to-equity ratio of -314.47. 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 50-day moving average price of GBX 8.40 and a two-hundred day moving average price of GBX 10.26.

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

Insider Transactions at Time Out Group

In other news, insider Chris Ohlund bought 1,250,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 7th. The shares were acquired at an average price of GBX 8 per share, with a total value of £100,000. Also, insider Peter Adam Daiches Dubens bought 72,280,288 shares of the stock in a transaction on Wednesday, January 7th. The stock was purchased at an average price of GBX 8 per share, for a total transaction of £5,782,423.04. Over the last ninety days, insiders have bought 73,780,288 shares of company stock valued at $590,242,304. 23.40% of the stock is currently 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.