Hostmore (LON:MORE) Reaches New 1-Year Low – Should You Sell?

Hostmore plc (LON:MORE – Get Free Report) shares hit a new 52-week low during trading on Tuesday. The company traded as low as GBX 8,969 and last traded at GBX 8,969, with a volume of 688 shares trading hands. The stock had previously closed at GBX 9,090.

Hostmore Price Performance

The company has a market cap of £11.16 billion, a price-to-earnings ratio of -40,227.27 and a beta of 0.86. The company has a debt-to-equity ratio of 1,145.20, a quick ratio of 0.41 and a current ratio of 0.27.

About Hostmore

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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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