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

Time Out Group plc (LON:TMOGet Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 24.10 ($0.33) and last traded at GBX 25 ($0.34), with a volume of 19100 shares. The stock had previously closed at GBX 26.50 ($0.36).

Time Out Group Trading Down 5.7%

The business’s 50 day moving average price is GBX 30.02 and its 200-day moving average price is GBX 39.75. The company has a current ratio of 0.70, a quick ratio of 0.38 and a debt-to-equity ratio of 217.42. The company has a market cap of £89.33 million, a price-to-earnings ratio of -17.54 and a beta of 1.09.

Time Out Group Company Profile

(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.

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