Time Out Group (LON:TMO) Shares Cross Above Fifty Day Moving Average – Here’s Why

Time Out Group plc (LON:TMO) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 7.25 and traded as high as GBX 7.50. Time Out Group shares last traded at GBX 7.17, with a volume of 26,964 shares trading hands.

Time Out Group Stock Performance

The stock has a 50-day simple moving average of GBX 7.25 and a 200 day simple moving average of GBX 7.84. 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 company has a market capitalization of £37.50 million, a PE ratio of -0.39 and a beta of 0.07.

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. 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.