Hostmore (LON:MORE) Trading Down 19.7%

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

Hostmore Price Performance

The company’s 50 day moving average is GBX 16.32 and its 200 day moving average is GBX 17.73. The company has a current ratio of 0.27, a quick ratio of 0.41 and a debt-to-equity ratio of 1,145.20. The stock has a market capitalization of £15.14 million, a price-to-earnings ratio of -59.40 and a beta of 1.10.

Insider Buying and Selling

In other Hostmore news, insider Julie McEwan acquired 29,499 shares of the company’s stock in a transaction on Friday, June 28th. The shares were bought at an average cost of GBX 17 ($0.22) per share, for a total transaction of £5,014.83 ($6,408.73). Insiders have purchased 89,329 shares of company stock worth $1,514,319 in the last ninety days. 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.