Time Out Group (LON:TMO) Hits New 52-Week Low – Here’s Why

Time Out Group plc (LON:TMO) shares hit a new 52-week low on Wednesday . The stock traded as low as GBX 7 and last traded at GBX 8, with a volume of 48629 shares traded. The stock had previously closed at GBX 7.50.

Time Out Group Price Performance

The firm’s 50-day moving average price is GBX 7.79 and its two-hundred day moving average price is GBX 9.11. The stock has a market cap of £41.81 million, a PE ratio of -0.44 and a beta of 0.07. The company has a current ratio of 0.30, a quick ratio of 0.38 and a debt-to-equity ratio of -299.39.

Time Out Group (LON:TMO) last announced its quarterly earnings results on Tuesday, March 31st. The company reported GBX (1.90) earnings per share for the quarter. Time Out Group had a positive return on equity of 47.01% and a negative net margin of 15.82%.The business had revenue of GBX 3,975 million during the quarter.

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.