Hostmore (LON:MORE) Trading Down 8.8% – Should You Sell?

Hostmore plc (LON:MOREGet Free Report)’s stock price traded down 8.8% during mid-day trading on Tuesday . The stock traded as low as GBX 0.13 ($0.00) and last traded at GBX 0.16 ($0.00). 6,938,171 shares were traded during mid-day 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 Price Performance

The firm’s 50-day moving average is GBX 0.16 and its 200-day moving average is GBX 9.01. The company has a market capitalization of £195,501.50, a PE ratio of -0.70 and a beta of 0.86. The company has a quick ratio of 0.41, a current ratio of 0.27 and a debt-to-equity ratio of 1,145.20.

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.

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