Hollywood Bowl Group (LON:BOWL) Reaches New 52-Week Low – Should You Sell?

Hollywood Bowl Group plc (LON:BOWL) shares hit a new 52-week low on Monday . The company traded as low as GBX 227.50 and last traded at GBX 240, with a volume of 2562494 shares changing hands. The stock had previously closed at GBX 235.50.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 440 target price on shares of Hollywood Bowl Group in a research note on Monday, January 19th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Hollywood Bowl Group presently has an average rating of “Buy” and a consensus price target of GBX 400.

Hollywood Bowl Group Price Performance

The firm has a fifty day moving average of GBX 260.80 and a two-hundred day moving average of GBX 266.27. The stock has a market capitalization of £409.64 million, a P/E ratio of 12.19, a P/E/G ratio of 0.87 and a beta of 0.23. The company has a debt-to-equity ratio of 155.86, a current ratio of 0.61 and a quick ratio of 1.62.

Insider Buying and Selling at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Asheeka Hyde acquired 1,000 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were purchased at an average cost of GBX 260 per share, for a total transaction of £2,600. Also, insider Melanie Dickinson sold 36,700 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of GBX 263, for a total transaction of £96,521. In the last quarter, insiders have acquired 4,703 shares of company stock valued at $1,159,829 and have sold 337,043 shares valued at $88,008,421. Insiders own 3.69% of the company’s stock.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition.

Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested.

We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.