Hostelworld Group (LON:HSW) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Hostelworld Group plc (LON:HSW) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 133.81 ($1.68) and traded as low as GBX 131 ($1.64). Hostelworld Group shares last traded at GBX 132 ($1.66), with a volume of 11,964 shares.

Analysts Set New Price Targets

A number of research firms recently commented on HSW. Shore Capital reiterated a “buy” rating on shares of Hostelworld Group in a report on Wednesday, October 23rd. Canaccord Genuity Group restated a “buy” rating and issued a GBX 247 ($3.10) target price on shares of Hostelworld Group in a research report on Tuesday, October 15th.

Hostelworld Group Trading Up 0.8 %

The company has a market cap of £164.99 million, a PE ratio of 1,320.00 and a beta of 1.90. The company’s 50 day simple moving average is GBX 133.67 and its two-hundred day simple moving average is GBX 142.03. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20.

About Hostelworld Group

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.