Hollywood Bowl Group (LON:BOWL) Shares Down 10.3% - Should You Sell?

Hollywood Bowl Group plc (LON:BOWL - Get Free Report)'s share price traded down 10.3% on Thursday . The company traded as low as GBX 263 ($3.54) and last traded at GBX 265.50 ($3.57). 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 ($3.98).

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Berenberg Bank reissued a "buy" rating and issued a GBX 440 ($5.92) price target on shares of Hollywood Bowl Group in a report on Wednesday, April 23rd. Shore Capital reissued a "buy" rating on shares of Hollywood Bowl Group in a report on Thursday.

Hollywood Bowl Group Stock Down 0.2%

The business's fifty day simple moving average is GBX 281.09 and its 200 day simple moving average is GBX 286.47. The company has a current ratio of 0.95, a quick ratio of 1.62 and a debt-to-equity ratio of 143.39. The stock has a market cap of £457.70 million, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26.

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

Insiders Place Their Bets

In other news, insider Darren M. Shapland purchased 30,000 shares of Hollywood Bowl Group stock in a transaction dated Tuesday, March 11th. The shares were bought at an average cost of GBX 258 ($3.47) per share, with a total value of £77,400 ($104,144.24). Company insiders own 4.36% 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.