Hostelworld Group’s (HSW) “Buy” Rating Reiterated at Shore Capital

Shore Capital reiterated their buy rating on shares of Hostelworld Group (LON:HSWGet Rating) in a report issued on Tuesday, reports.

LON HSW opened at GBX 93.50 ($1.15) on Tuesday. Hostelworld Group has a 1 year low of GBX 57 ($0.70) and a 1 year high of GBX 119.80 ($1.47). The company has a debt-to-equity ratio of 42.17, a current ratio of 2.08 and a quick ratio of 2.00. The stock has a market capitalization of £109.87 million and a PE ratio of -3.53. The company’s 50 day simple moving average is GBX 92.12 and its two-hundred day simple moving average is GBX 79.88.

In other news, insider Eimear Moloney bought 50,000 shares of the stock in a transaction on Friday, April 1st. The shares were acquired at an average cost of GBX 79 ($0.97) per share, for a total transaction of £39,500 ($48,383.15).

About Hostelworld Group (Get Rating)

Hostelworld Group plc operates an online booking platform worldwide. The company offers software and data processing services that facilitate hostel, B&B, hotel, and other accommodation bookings. The company also provides business information consulting and marketing planning services; and marketing, and research and development services.

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