Time Out Group (LON:TMO) Trading Down 2% – Should You Sell?

Time Out Group plc (LON:TMO) shares fell 2% during mid-day trading on Thursday . The stock traded as low as GBX 49 ($0.60) and last traded at GBX 50 ($0.61). 44,886 shares were traded during trading, an increase of 211% from the average session volume of 14,451 shares. The stock had previously closed at GBX 51 ($0.62).

Time Out Group Trading Down 1.4 %

The company has a debt-to-equity ratio of 209.61, a current ratio of 0.81 and a quick ratio of 0.38. The firm has a market cap of £164.38 million, a PE ratio of -805.00 and a beta of 1.09. The company’s 50 day moving average price is GBX 51.62 and its 200 day moving average price is GBX 52.93.

Insiders Place Their Bets

In other news, insider Peter Adam Daiches Dubens bought 666,666 shares of Time Out Group stock in a transaction that occurred on Thursday, October 31st. The shares were purchased at an average price of GBX 50 ($0.61) per share, with a total value of £333,333 ($407,000.00). 47.53% of the stock is owned by company insiders.

Time Out Group Company Profile

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.