Hollywood Bowl Group (LON:BOWL) Trading Down 10.3% - Here's Why

Shares of Hollywood Bowl Group plc (LON:BOWL - Get Free Report) traded down 10.3% during trading on Friday . The company traded as low as GBX 263 ($3.56) and last traded at GBX 265.50 ($3.59). 4,765,469 shares traded hands during mid-day trading, an increase of 336% from the average session volume of 1,093,784 shares. The stock had previously closed at GBX 296 ($4.00).

Wall Street Analysts Forecast Growth

BOWL has been the topic of a number of analyst reports. Shore Capital reiterated a "buy" rating on shares of Hollywood Bowl Group in a research report on Thursday, May 29th. Berenberg Bank reiterated a "buy" rating and issued a GBX 440 ($5.95) price target on shares of Hollywood Bowl Group in a research report on Wednesday, April 23rd.

Hollywood Bowl Group Stock Down 1.5%

The firm has a market capitalization of £446.48 million, a price-to-earnings ratio of 12.65, a P/E/G ratio of 0.87 and a beta of 1.26. The business's 50-day moving average is GBX 280.55 and its two-hundred day moving average is GBX 285.64. The company has a debt-to-equity ratio of 143.39, a quick ratio of 1.62 and a current ratio of 0.95.

Hollywood Bowl Group (LON:BOWL - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The company reported GBX 12.01 ($0.16) earnings per share for the quarter. Hollywood Bowl Group had a net margin of 15.73% and a return on equity of 23.23%. On average, equities analysts anticipate that Hollywood Bowl Group plc will post 22.5511696 earnings per share for the current year.

Insider Activity at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Darren M. Shapland bought 30,000 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average cost of GBX 258 ($3.49) per share, with a total value of £77,400 ($104,637.02). 4.36% of the stock is currently owned by corporate insiders.

About Hollywood Bowl Group

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.