Shares of Time Out Group plc (LON:TMO – Get Free Report) traded down 5.3% on Wednesday. The company traded as low as GBX 6.75 and last traded at GBX 6.75. 37,855 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 64,316 shares. The stock had previously closed at GBX 7.12.
Time Out Group Stock Performance
The company has a 50 day moving average price of GBX 7 and a 200-day moving average price of GBX 7.29. The company has a current ratio of 0.30, a quick ratio of 0.38 and a debt-to-equity ratio of -299.39. The company has a market cap of £35.28 million, a P/E ratio of -0.37 and a beta of 0.07.
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.
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