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Hostelworld Group (LON:HSW) Stock Price Passes Below Fifty Day Moving Average - Here's What Happened

Hostelworld Group logo with Consumer Cyclical background

Key Points

  • Hostelworld Group's stock fell below its 50-day moving average, trading at GBX 115.50 ($1.56), down 1.3% during recent sessions.
  • A consensus of analysts maintains a "Buy" rating for Hostelworld Group, with price targets ranging from GBX 200 to GBX 215.
  • The company has a market capitalization of £145.87 million and a significantly high PE ratio of 1,957.63.
  • Five stocks to consider instead of Hostelworld Group.

Hostelworld Group plc (LON:HSW - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 125.30 ($1.68) and traded as low as GBX 115 ($1.55). Hostelworld Group shares last traded at GBX 115.50 ($1.55), with a volume of 28,292 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 215 target price on shares of Hostelworld Group in a research note on Thursday, July 31st. Shore Capital reiterated a "buy" rating on shares of Hostelworld Group in a research note on Wednesday, July 30th. Finally, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 200 target price on shares of Hostelworld Group in a research note on Monday, August 4th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of GBX 220.67.

View Our Latest Analysis on HSW

Hostelworld Group Price Performance

The firm has a market cap of £147.77 million, a PE ratio of 1,983.05 and a beta of 1.90. The stock's fifty day moving average price is GBX 124.08 and its 200-day moving average price is GBX 121.38. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20.

About Hostelworld Group

(Get Free Report)

Hostelworld Group plc operates as an online travel agent focused on the hostel market worldwide. It offers software and data processing services that facilitate hostel, B&B, hotel, and other accommodation bookings. The company also provides business information consulting and marketing planning services; and marketing and research and development services, as well as management services.

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