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

Hollywood Bowl Group plc (LON:BOWL - Get Free Report)'s stock price dropped 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 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

Several research firms have weighed in on BOWL. Berenberg Bank reiterated a "buy" rating and set a GBX 440 ($5.92) price objective on shares of Hollywood Bowl Group in a research report on Wednesday, April 23rd. Shore Capital reiterated a "buy" rating on shares of Hollywood Bowl Group in a report on Thursday.

Hollywood Bowl Group Trading Down 0.2%

The business has a 50-day moving average of GBX 281.09 and a 200-day moving average of GBX 286.69. The company has a quick ratio of 1.62, a current ratio of 0.95 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 PEG ratio of 0.87 and a beta of 1.26.

Hollywood Bowl Group (LON:BOWL - Get Free Report) last posted 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 return on equity of 23.23% and a net margin of 15.73%. As a group, research analysts forecast 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 acquired 30,000 shares of the business'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 ($104,144.24). 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.