Hostelworld Group (LON:HSW) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Hostelworld Group plc (LON:HSWGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 117.04 and traded as low as GBX 107.50. Hostelworld Group shares last traded at GBX 108, with a volume of 178,940 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “buy” rating on shares of Hostelworld Group in a research report on Thursday, January 15th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 201.

Read Our Latest Analysis on HSW

Hostelworld Group Price Performance

The company’s 50-day moving average is GBX 117.04 and its 200-day moving average is GBX 120.33. The firm has a market cap of £135.04 million, a price-to-earnings ratio of 18.47 and a beta of 1.90. The company has a current ratio of 0.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.81.

Hostelworld Group Company Profile

(Get Free Report)

Hostelworld Group plc operates as an online travel agent focused on the hostel market worldwide. It 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, as well as management services. In addition, it engages in the technology trading business. The company was founded in 1999 and is based in Dublin, Ireland.

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