Hostmore (LON:MORE) Shares Down 8.8% – Time to Sell?

Shares of Hostmore plc (LON:MOREGet Free Report) fell 8.8% during trading on Tuesday . The company traded as low as GBX 0.13 ($0.00) and last traded at GBX 0.16 ($0.00). 6,938,171 shares traded hands during trading, an increase of 237% from the average session volume of 2,058,821 shares. The stock had previously closed at GBX 0.17 ($0.00).

Hostmore Stock Performance

The stock has a market cap of £195,501.50, a price-to-earnings ratio of -0.70 and a beta of 0.86. The company’s fifty day simple moving average is GBX 3.44 and its two-hundred day simple moving average is GBX 12.14. The company has a debt-to-equity ratio of 1,145.20, a current ratio of 0.27 and a quick ratio of 0.41.

Insider Transactions at Hostmore

In other Hostmore news, insider Julie McEwan purchased 45,711 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The shares were acquired at an average price of GBX 10 ($0.13) per share, with a total value of £4,571.10 ($5,934.95). 37.26% of the stock is currently owned by insiders.

About Hostmore

(Get Free Report)

Hostmore plc operates in the hospitality business. It operates American-themed casual dining restaurants under the TGI Fridays brand; cocktail-led bar and restaurants under the 63rd+1st brand; and fast casual dining restaurants under the Fridays and Go brand. The company was incorporated in 2021 and is based in Edinburgh, the United Kingdom.

Further Reading

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