Hostelworld Group (LON:HSW) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Hostelworld Group plc (LON:HSW)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 134.12 ($1.70) and traded as high as GBX 140 ($1.78). Hostelworld Group shares last traded at GBX 136.50 ($1.73), with a volume of 76,507 shares changing hands.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Shore Capital restated a “buy” rating on shares of Hostelworld Group in a research report on Wednesday, October 23rd. Canaccord Genuity Group reissued a “buy” rating and set a GBX 247 ($3.13) price objective on shares of Hostelworld Group in a report on Tuesday, October 15th.

Hostelworld Group Stock Down 0.7 %

The stock’s fifty day moving average is GBX 134.12 and its two-hundred day moving average is GBX 143.17. 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 firm has a market cap of £169.36 million, a P/E ratio of 1,365.00 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.