Time Out Group (LON:TMO) Sets New 52-Week Low – Should You Sell?

Time Out Group plc (LON:TMO) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 21 ($0.27) and last traded at GBX 51 ($0.65), with a volume of 206786 shares traded. The stock had previously closed at GBX 52 ($0.66).

Time Out Group Price Performance

The company has a quick ratio of 0.38, a current ratio of 0.81 and a debt-to-equity ratio of 209.61. The company has a market capitalization of £173.57 million, a PE ratio of -866.67 and a beta of 1.09. The firm’s 50 day simple moving average is GBX 51.52 and its 200 day simple moving average is GBX 53.01.

Insider Buying and Selling

In other Time Out Group news, insider Peter Adam Daiches Dubens purchased 666,666 shares of Time Out Group stock in a transaction dated Thursday, October 31st. The shares were purchased at an average cost of GBX 50 ($0.63) per share, for a total transaction of £333,333 ($422,582.40). 47.53% of the stock is owned by corporate insiders.

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.