Time Out Group (LON:TMO) Stock Price Down 6.3% - Here's What Happened

Key Points

• Time Out Group's stock price decreased by 6.3% on Monday, trading at GBX 15 ($0.20) after closing at GBX 16 ($0.22).
• The company's trading volume dropped by 28% from its average, with approximately 95,262 shares exchanged during the day.
• Time Out Group has a market capitalization of £53.60 million and a notably high debt-to-equity ratio of 217.42.

Time Out Group plc (LON:TMO - )'s share price dropped 6.3% during trading on Monday . The company traded as low as GBX 15 ($0.20) and last traded at GBX 15 ($0.20). Approximately 95,262 shares traded hands during trading, a decline of 28% from the average daily volume of 132,880 shares. The stock had previously closed at GBX 16 ($0.22).

Time Out Group Price Performance

The stock has a fifty day moving average of GBX 17.93 and a 200 day moving average of GBX 28.23. The stock has a market cap of £53.60 million, a price-to-earnings ratio of -10.53 and a beta of 1.09. The company has a debt-to-equity ratio of 217.42, a current ratio of 0.70 and a quick ratio of 0.38.

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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