Time Out Group (LON:TMO) Shares Down 2% - Should You Sell?

Time Out Group plc (LON:TMO - Get Free Report)'s share price traded down 2% during mid-day trading on Thursday . The company traded as low as GBX 49 ($0.60) and last traded at GBX 50 ($0.62). 44,886 shares traded hands during mid-day trading, an increase of 211% from the average session volume of 14,451 shares. The stock had previously closed at GBX 51 ($0.63).

Time Out Group Trading Down 2.0 %

The company has a current ratio of 0.81, a quick ratio of 0.38 and a debt-to-equity ratio of 209.61. The stock has a market cap of £170.17 million, a P/E ratio of -833.33 and a beta of 1.09. The business's fifty day simple moving average is GBX 51.69 and its 200 day simple moving average is GBX 52.98.

Insider Activity

In other news, insider Peter Adam Daiches Dubens purchased 666,666 shares of the firm's stock in a transaction that occurred on Thursday, October 31st. The shares were acquired at an average price of GBX 50 ($0.62) per share, for a total transaction of £333,333 ($410,155.04). 47.53% of the stock is owned by insiders.

About Time Out Group

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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