Hollywood Bowl Group (LON:BOWL) Sets New 52-Week Low - Should You Sell?

Key Points

• Shares hit a new 52-week low of GBX 227.50 and last traded at GBX 240 on heavy volume (2,562,494 shares), after a previous close of GBX 235.50.
• Analysts maintain a consensus Buy rating with an average target of GBX 400, and Berenberg recently reiterated a buy with a GBX 440 target.
• The company shows a high debt-to-equity 155.86 and a weak current ratio of 0.61 despite a P/E of 11.92 and ~£400M market cap; insiders recently sold a large block (158,472 shares) while smaller insider purchases were also reported, and insiders own 3.69%.

Shares of Hollywood Bowl Group plc (LON:BOWL - Get Free Report) reached a new 52-week low on Monday . The company traded as low as GBX 227.50 and last traded at GBX 240, with a volume of 2562494 shares trading hands. The stock had previously closed at GBX 235.50.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 440 target price on shares of Hollywood Bowl Group in a report on Monday, January 19th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of GBX 400.

Hollywood Bowl Group Price Performance

The company has a debt-to-equity ratio of 155.86, a quick ratio of 1.62 and a current ratio of 0.61. The company has a market cap of £400.44 million, a P/E ratio of 11.92, a P/E/G ratio of 0.87 and a beta of 0.23. The firm's fifty day moving average is GBX 262.32 and its two-hundred day moving average is GBX 266.35.

Insider Activity

In other Hollywood Bowl Group news, insider Asheeka Hyde acquired 1,000 shares of the company's stock in a transaction dated Friday, February 13th. The stock was purchased at an average price of GBX 260 per share, with a total value of £2,600. Also, insider Stephen Burns sold 158,472 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of GBX 259, for a total value of £410,442.48. Over the last ninety days, insiders have acquired 4,703 shares of company stock worth $1,159,829 and have sold 337,043 shares worth $88,008,421. Company insiders own 3.69% of the company's stock.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition. Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested. We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.