Ten Lifestyle Group (LON:TENG) Shares Down 0.2% - Here's Why

Key Points

• Ten Lifestyle Group Plc (LON:TENG) experienced a share price drop of 0.2%, closing at GBX 52.91 ($0.71) with trading volumes significantly lower than average.
• The company has a debt-to-equity ratio of 59.97 and a market capitalization of £50.84 million, indicating a need for careful financial management.
• Ten partners with financial institutions and premium brands, generating revenue through multi-year contracts and technology fees for lifestyle and travel services.

Ten Lifestyle Group Plc (LON:TENG - )'s share price dropped 0.2% during trading on Tuesday . The company traded as low as GBX 52.91 ($0.71) and last traded at GBX 52.91 ($0.71). Approximately 153 shares traded hands during trading, a decline of 100% from the average daily volume of 87,910 shares. The stock had previously closed at GBX 53 ($0.71).

Ten Lifestyle Group Stock Down 0.2%

The company has a debt-to-equity ratio of 59.97, a current ratio of 0.85 and a quick ratio of 0.80. The firm has a market cap of £50.84 million, a price-to-earnings ratio of 24.05 and a beta of 1.63. The business has a fifty day simple moving average of GBX 57.54 and a 200 day simple moving average of GBX 60.12.

Ten Lifestyle Group Company Profile

Ten Lifestyle Group (‘Ten') partners with financial institutions and other premium brands to attract and retain wealthy and mass affluent customers. Millions of members have access to Ten's services across lifestyle, travel, dining and entertainment on behalf of over fifty clients. Ten's partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees.

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