Hostelworld Group (LON:HSW) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Hostelworld Group plc (LON:HSW) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 139.22 ($1.81) and traded as low as GBX 129 ($1.67). Hostelworld Group shares last traded at GBX 129 ($1.67), with a volume of 82,648 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts recently commented on HSW shares. Shore Capital reissued a “buy” rating on shares of Hostelworld Group in a research note on Wednesday, October 23rd. Canaccord Genuity Group reissued a “buy” rating and set a GBX 247 ($3.20) price objective on shares of Hostelworld Group in a research report on Tuesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 215 ($2.79) target price on shares of Hostelworld Group in a report on Monday, August 12th.

Hostelworld Group Stock Up 0.4 %

The company has a quick ratio of 1.20, a current ratio of 0.43 and a debt-to-equity ratio of 0.81. The stock has a market cap of £161.86 million, a PE ratio of 1,290.00 and a beta of 1.90. The firm has a fifty day moving average of GBX 139.22 and a 200 day moving average of GBX 148.54.

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.