Hostmore (LON:MORE) Trading Down 19.7%

Hostmore plc (LON:MORE)’s stock price traded down 19.7% on Tuesday . The stock traded as low as GBX 12.11 ($0.15) and last traded at GBX 12.11 ($0.15). 155,659 shares were traded during mid-day trading, an increase of 62% from the average session volume of 96,267 shares. The stock had previously closed at GBX 15.08 ($0.19).

Hostmore Stock Down 20.4 %

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. The firm’s 50 day moving average is GBX 16.32 and its two-hundred day moving average is GBX 17.73. The firm has a market capitalization of £15.14 million, a P/E ratio of -59.40 and a beta of 1.10.

Insider Activity at Hostmore

In other news, insider Julie McEwan bought 27,778 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The stock was acquired at an average cost of GBX 18 ($0.23) per share, with a total value of £5,000.04 ($6,389.83). Over the last three months, insiders bought 89,329 shares of company stock valued at $1,514,319. 34.91% of the stock is owned by corporate insiders.

Hostmore Company Profile

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.