Ten Lifestyle Group (LON:TENG) Hits New 52-Week Low – Here’s Why

Ten Lifestyle Group Plc (LON:TENG)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 45 ($0.57) and last traded at GBX 46.26 ($0.58), with a volume of 59623 shares trading hands. The stock had previously closed at GBX 48.50 ($0.61).

Ten Lifestyle Group Stock Up 1.1 %

The firm has a market cap of £40.06 million, a price-to-earnings ratio of 771.67 and a beta of 1.63. The stock’s 50 day moving average is GBX 56.53 and its 200 day moving average is GBX 63.84. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 53.43.

Insider Activity

In other Ten Lifestyle Group news, insider Andrew Long sold 600,000 shares of Ten Lifestyle Group stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of GBX 45 ($0.57), for a total value of £270,000 ($339,323.87). 35.46% of the stock is owned by insiders.

Ten Lifestyle Group Company Profile

Ten Lifestyle Group Plc offers concierge services to private banks, premium financial services, and high-net-worth individuals in Europe, Asia, the Middle East, Africa, and the Americas. The company assists its members to access various consumer markets, such as travel, shopping, lifestyle, retail, dining, events, and live entertainment through its proprietary digital platform.