Ten Lifestyle Group (LON:TENG) Trading Down 14.3% – Should You Sell?

Ten Lifestyle Group Plc (LON:TENG)’s share price traded down 14.3% during mid-day trading on Monday . The stock traded as low as GBX 45 ($0.57) and last traded at GBX 45 ($0.57). 1,090,706 shares were traded during mid-day trading, an increase of 2,825% from the average session volume of 37,292 shares. The stock had previously closed at GBX 52.54 ($0.67).

Ten Lifestyle Group Price Performance

The company has a 50 day moving average price of GBX 59.22 and a 200-day moving average price of GBX 65.24. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 53.43. The company has a market cap of £43.26 million, a price-to-earnings ratio of 816.67 and a beta of 1.63.

Insider Activity

In related news, insider Andrew Long sold 600,000 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of GBX 45 ($0.57), for a total value of £270,000 ($344,959.75). 35.46% of the stock is currently owned by insiders.

Ten Lifestyle Group Company Profile

Ten Lifestyle Group Plc offers concierge services to private banks, premium financial services, and high-net-worth individuals in Europe, Asia, the Middle East, Africa, and the Americas. The company assists its members to access various consumer markets, such as travel, shopping, lifestyle, retail, dining, events, and live entertainment through its proprietary digital platform.