Time Out Group (LON:TMO) Share Price Crosses Below Fifty Day Moving Average – Should You Sell?

Time Out Group plc (LON:TMOGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 8.66 and traded as low as GBX 8.50. Time Out Group shares last traded at GBX 8.50, with a volume of 250 shares trading hands.

Time Out Group Price Performance

The company has a debt-to-equity ratio of -314.47, a current ratio of 0.51 and a quick ratio of 0.38. The stock has a market capitalization of £44.42 million, a P/E ratio of -0.47 and a beta of 1.09. The stock’s fifty day moving average is GBX 8.66 and its 200-day moving average is GBX 11.09.

Time Out Group (LON:TMOGet Free Report) last released its quarterly earnings results on Wednesday, December 31st. The company reported GBX (18.20) EPS for the quarter. Time Out Group had a negative net margin of 4.45% and a negative return on equity of 22,303.85%.

Insider Transactions at Time Out Group

In related news, insider Matthew Robert Phillip Pritchard bought 250,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The shares were acquired at an average price of GBX 8 per share, with a total value of £20,000. Also, insider Peter Adam Daiches Dubens bought 72,280,288 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were bought at an average price of GBX 8 per share, with a total value of £5,782,423.04. Insiders acquired a total of 73,780,288 shares of company stock worth $590,242,304 over the last three months. 23.40% of the stock is currently owned by insiders.

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. Expert journalists curate and create content about the best things to Do, See and Eat across over 350 cities in over 50 countries and across a unique multi-platform model spanning both digital and physical channels.

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