Hostelworld Group (LON:HSW) Stock Crosses Below 50 Day Moving Average – Here’s Why

Hostelworld Group plc (LON:HSW)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 134.68 ($1.66) and traded as low as GBX 132 ($1.63). Hostelworld Group shares last traded at GBX 134 ($1.65), with a volume of 155,083 shares traded.

Analyst Ratings Changes

Several equities analysts have commented on HSW shares. Canaccord Genuity Group reissued a “buy” rating and set a GBX 247 ($3.05) target price on shares of Hostelworld Group in a research report on Tuesday, October 15th. Shore Capital reissued a “buy” rating on shares of Hostelworld Group in a report on Tuesday, January 14th.

Hostelworld Group Price Performance

The stock’s 50 day moving average price is GBX 134.68 and its two-hundred day moving average price is GBX 138.80. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20. The firm has a market capitalization of £169.99 million, a price-to-earnings ratio of 1,360.00 and a beta of 1.90.

Hostelworld Group Company Profile

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.