Ten Lifestyle Group (LON:TENG) Stock Price Down 4.5% – Here’s Why

Ten Lifestyle Group Plc (LON:TENG) traded down 4.5% during trading on Wednesday . The stock traded as low as GBX 93.78 and last traded at GBX 98.36. 666,089 shares traded hands during trading, an increase of 353% from the average daily volume of 147,124 shares. The stock had previously closed at GBX 103.

Ten Lifestyle Group Price Performance

The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 30.85. The company has a 50 day moving average price of GBX 94.14 and a 200-day moving average price of GBX 86.06. The company has a market cap of £95.16 million, a price-to-earnings ratio of 70.26 and a beta of 0.94.

Ten Lifestyle Group Company Profile

Ten Lifestyle Group (‘Ten’) partners with financial institutions and other premium brands to attract and retain wealthy and mass affluent customers.

Millions of members have access to Ten’s services across lifestyle, travel, dining and entertainment on behalf of over fifty clients. Ten’s partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees.

Ten’s operations are underpinned by an increasingly sophisticated personalisation platform comprising industry-first, proprietary technology, thousands of supplier relationships and over 25 years of proprietary expertise delivered from over 20 global offices.