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

Hollywood Bowl Group plc (LON:BOWL - Get Free Report) was down 10.3% on Thursday . The company traded as low as GBX 263 ($3.54) and last traded at GBX 265.50 ($3.57). Approximately 4,765,469 shares were traded during mid-day trading, an increase of 336% from the average daily volume of 1,093,784 shares. The stock had previously closed at GBX 296 ($3.98).

Analyst Ratings Changes

A number of brokerages have recently commented on BOWL. Shore Capital reaffirmed a "buy" rating on shares of Hollywood Bowl Group in a report on Thursday. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 440 ($5.92) target price on shares of Hollywood Bowl Group in a report on Wednesday, April 23rd.

Hollywood Bowl Group Stock Down 0.9%

The business has a 50-day simple moving average of GBX 281.09 and a two-hundred day simple moving average of GBX 286.24. The company has a debt-to-equity ratio of 143.39, a quick ratio of 1.62 and a current ratio of 0.95. The company has a market capitalization of £453.38 million, a price-to-earnings ratio of 12.85, a PEG ratio of 0.87 and a beta of 1.26.

Hollywood Bowl Group (LON:BOWL - Get Free Report) last announced its quarterly earnings data 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%. As a group, equities analysts predict that Hollywood Bowl Group plc will post 22.5511696 EPS for the current year.

Insider Activity at Hollywood Bowl Group

In related news, insider Darren M. Shapland acquired 30,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average price of GBX 258 ($3.47) per share, with a total value of £77,400 ($104,172.27). 4.36% of the stock is owned by insiders.

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.