Time Out Group (LON:TMO) Trading Down 2.9% - Here's What Happened

Key Points

• Time Out Group plc's stock price fell 2.9% during mid-day trading on Monday, closing at GBX 16.50 ($0.22).
• The company is experiencing a significant decline in trading volume, with approximately 8,152 shares traded, a drop of 81% from the average daily volume.
• Time Out Group has a high debt-to-equity ratio of 217.42 and a market capitalization of £58.96 million, with a PE ratio of -11.58.

Time Out Group plc (LON:TMO - )'s stock price dropped 2.9% during mid-day trading on Monday . The company traded as low as GBX 16.50 ($0.22) and last traded at GBX 16.50 ($0.22). Approximately 8,152 shares were traded during trading, a decline of 81% from the average daily volume of 44,030 shares. The stock had previously closed at GBX 17 ($0.23).

Time Out Group Price Performance

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 capitalization of £58.96 million, a PE ratio of -11.58 and a beta of 1.09. The stock's 50 day simple moving average is GBX 21.02 and its 200-day simple moving average is GBX 31.54.

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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