Time Out Group (LON:TMO) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Time Out Group plc (LON:TMO) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 7.32 and traded as high as GBX 7.50. Time Out Group shares last traded at GBX 7.25, with a volume of 380,244 shares trading hands.

Time Out Group Trading Down 1.7%

The stock has a market capitalization of £37.89 million, a P/E ratio of -0.40 and a beta of 0.07. The company has a current ratio of 0.30, a quick ratio of 0.38 and a debt-to-equity ratio of -299.39. The stock’s fifty day moving average price is GBX 7.32 and its two-hundred day moving average price is GBX 8.09.

Time Out Group (LON:TMO) last released its earnings results on Tuesday, March 31st. The company reported GBX (1.90) EPS for the quarter. Time Out Group had a negative net margin of 15.82% and a positive return on equity of 47.01%. The business had revenue of GBX 3,975 million for the quarter.

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. 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.