Time Out Group (LON:TMO) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Time Out Group plc (LON:TMO)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 51.26 ($0.62) and traded as low as GBX 48.04 ($0.58). Time Out Group shares last traded at GBX 48.04 ($0.58), with a volume of 7,710 shares traded.

Time Out Group Stock Performance

The firm has a market capitalization of £162.00 million, a price-to-earnings ratio of -793.33 and a beta of 1.09. The company has a debt-to-equity ratio of 209.61, a current ratio of 0.81 and a quick ratio of 0.38. The firm has a 50 day moving average price of GBX 51.15 and a 200-day moving average price of GBX 52.68.

Insider Transactions at Time Out Group

In other Time Out Group news, insider Peter Adam Daiches Dubens bought 666,666 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were purchased at an average price of GBX 50 ($0.61) per share, with a total value of £333,333 ($405,563.94). Corporate insiders own 47.53% of the company’s stock.

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.