Hostelworld Group plc (LON:HSW - Get Free Report) shares shot up 10.1% during mid-day trading on Friday . The company traded as high as GBX 147 ($1.98) and last traded at GBX 131 ($1.76). 604,548 shares changed hands during trading, an increase of 199% from the average session volume of 202,262 shares. The stock had previously closed at GBX 119 ($1.60).
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the stock. Shore Capital restated a "buy" rating on shares of Hostelworld Group in a report on Friday, April 25th. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 247 ($3.33) target price on shares of Hostelworld Group in a research report on Friday, March 21st.
Read Our Latest Report on HSW
Hostelworld Group Price Performance
The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20. The stock has a market capitalization of £197.24 million, a P/E ratio of 13.41 and a beta of 1.90. The firm has a fifty day moving average of GBX 116.19 and a two-hundred day moving average of GBX 124.60.
Insider Transactions at Hostelworld Group
In other Hostelworld Group news, insider Gary Morrison sold 382,197 shares of the business's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of GBX 111 ($1.49), for a total value of £424,238.67 ($571,288.27). Also, insider Caroline Sherry sold 207,864 shares of the stock in a transaction dated Friday, May 9th. The shares were sold at an average price of GBX 111 ($1.49), for a total transaction of £230,729.04 ($310,704.34). Corporate insiders own 15.28% of the company's stock.
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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