Hostelworld Group (LON:HSW) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Hostelworld Group plc (LON:HSW)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 136.20 ($1.71) and traded as low as GBX 127 ($1.60). Hostelworld Group shares last traded at GBX 127 ($1.60), with a volume of 93,472 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Hostelworld Group in a research report on Tuesday, January 14th.

Hostelworld Group Trading Down 0.4 %

The company has a current ratio of 0.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.81. The business’s 50-day simple moving average is GBX 133.52 and its two-hundred day simple moving average is GBX 136.20. The company has a market capitalization of £191.22 million, a PE ratio of 13.00 and a beta of 1.90.

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.