Hostelworld Group (LON:HSW) Hits New 1-Year Low – Time to Sell?

Shares of Hostelworld Group plc (LON:HSW) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 119.50 ($1.57) and last traded at GBX 121.42 ($1.59), with a volume of 80874 shares trading hands. The stock had previously closed at GBX 122 ($1.60).

Wall Street Analyst Weigh In

HSW has been the topic of a number of recent analyst reports. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 247 ($3.24) price objective on shares of Hostelworld Group in a research note on Friday, March 21st. Shore Capital reissued a “buy” rating on shares of Hostelworld Group in a research report on Thursday, March 20th.

Hostelworld Group Price Performance

The company has a market cap of £176.91 million, a price-to-earnings ratio of 12.03 and a beta of 1.90. 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 company has a fifty day moving average price of GBX 127.55 and a two-hundred day moving average price of GBX 132.26.

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.