Hollywood Bowl Group (LON:BOWL) Trading Down 10.3% - Time to Sell?

Hollywood Bowl Group plc (LON:BOWL - Get Free Report) dropped 10.3% on Thursday . The stock traded as low as GBX 263 ($3.56) and last traded at GBX 265.50 ($3.59). Approximately 4,765,469 shares changed hands 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 ($4.00).

Analyst Ratings Changes

BOWL has been the subject of several research reports. Berenberg Bank reaffirmed a "buy" rating and set a GBX 440 ($5.95) price objective on shares of Hollywood Bowl Group in a report on Wednesday, April 23rd. Shore Capital reaffirmed a "buy" rating on shares of Hollywood Bowl Group in a research note on Thursday, May 29th.

Hollywood Bowl Group Stock Down 1.5%

The firm's fifty day simple moving average is GBX 280.55 and its 200-day simple moving average is GBX 285.64. The company has a market cap of £446.48 million, a PE ratio of 12.65, a P/E/G ratio of 0.87 and a beta of 1.26. The company has a quick ratio of 1.62, a current ratio of 0.95 and a debt-to-equity ratio of 143.39.

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

Insider Activity

In other news, insider Darren M. Shapland acquired 30,000 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average price of GBX 258 ($3.49) per share, with a total value of £77,400 ($104,637.02). 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.