Hostmore (LON:MORE) Sets New 1-Year Low – Here’s Why

Hostmore plc (LON:MORE – Get Free Report) reached a new 52-week low during trading on Monday. The stock traded as low as GBX 8,045 and last traded at GBX 8,045, with a volume of 1,651 shares trading hands. The stock had previously closed at GBX 8,148.

Hostmore Trading Down 2.2%

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. The company has a market capitalization of £10.05 billion, a PE ratio of -36,227.27 and a beta of 0.86.

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.

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