Time Out Group (LON:TMO) Shares Pass Below Fifty Day Moving Average – Time to Sell?

Time Out Group plc (LON:TMOGet Free Report)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 51.26 ($0.63) and traded as low as GBX 48.04 ($0.59). Time Out Group shares last traded at GBX 48.04 ($0.59), with a volume of 7,710 shares.

Time Out Group Trading Down 2.0 %

The company has a fifty day simple moving average of GBX 51.26 and a two-hundred day simple moving average of GBX 52.74. 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 stock has a market capitalization of £163.49 million, a P/E ratio of -800.67 and a beta of 1.09.

Insiders Place Their Bets

In other Time Out Group news, insider Peter Adam Daiches Dubens bought 666,666 shares of Time Out Group stock in a transaction on Thursday, October 31st. The shares were purchased at an average cost of GBX 50 ($0.61) per share, for a total transaction of £333,333 ($407,846.57). Corporate insiders own 47.53% of the company’s stock.

About Time Out Group

(Get Free Report)

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.

Further Reading

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