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Time Out Group (LON:TMO) Stock Price Down 11.7% - Here's What Happened

Time Out Group logo with Communication Services background
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Time Out Group plc (LON:TMO - Get Free Report) was down 11.7% during trading on Wednesday . The company traded as low as GBX 34 ($0.44) and last traded at GBX 34 ($0.44). Approximately 90,621 shares changed hands during mid-day trading, an increase of 172% from the average daily volume of 33,309 shares. The stock had previously closed at GBX 38.50 ($0.50).

Time Out Group Stock Down 1.3 %

The company has a debt-to-equity ratio of 217.42, a current ratio of 0.70 and a quick ratio of 0.38. The company has a market cap of £121.63 million, a P/E ratio of -23.89 and a beta of 1.09. The stock has a 50-day moving average of GBX 45.01 and a 200 day moving average of GBX 49.71.

About Time Out Group

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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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