Media coverage about Time Out Group (LON:TMO) has been trending positive recently, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Time Out Group earned a news sentiment score of 2.87 on their scale. InfoTrie also gave news articles about the company an news buzz score of 4 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
LON:TMO remained flat at $GBX 70.50 ($0.92) during trading hours on Friday. Time Out Group has a 52 week low of GBX 129 ($1.69) and a 52 week high of GBX 145 ($1.89).
Separately, Liberum Capital reiterated a “buy” rating on shares of Time Out Group in a research report on Tuesday, September 25th.
In related news, insider Peter Adam Daiches Dubens purchased 300,302 shares of the firm’s stock in a transaction on Thursday, September 27th. The stock was bought at an average cost of GBX 83 ($1.08) per share, with a total value of £249,250.66 ($325,690.13).
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About Time Out Group
Time Out Group plc engages in media and entertainment business. The company operates in four segments: Print, Digital, International, and Markets. The Print segment sells print advertising and publications. The Digital segment sells digital advertising, including premium profiles; and live events through online bookings and transactions, as well as offers e-commerce services.
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