Positive News Coverage Somewhat Likely to Affect Time Out Group (TMO) Share Price

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Media stories about Time Out Group (LON:TMO) have been trending positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Time Out Group earned a news sentiment score of 2.40 on their scale. InfoTrie also assigned news coverage about the company an news buzz score of 6 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock’s share price in the near term.

Separately, Liberum Capital reaffirmed a “buy” rating on shares of Time Out Group in a research report on Tuesday, September 25th.

Shares of LON TMO traded down GBX 1.50 ($0.02) during trading on Thursday, hitting GBX 70.50 ($0.92). 5,823 shares of the company traded hands, compared to its average volume of 112,681. Time Out Group has a fifty-two week low of GBX 129 ($1.69) and a fifty-two week high of GBX 145 ($1.89).

In related news, insider Peter Adam Daiches Dubens acquired 300,000 shares of the company’s stock in a transaction dated Thursday, October 25th. The shares were purchased at an average price of GBX 70 ($0.91) per share, for a total transaction of £210,000 ($274,402.20).

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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