Hostelworld Group (LON:HSW) Trading 10.1% Higher - Still a Buy?

Hostelworld Group plc (LON:HSW - Get Free Report)'s share price was up 10.1% during mid-day trading on Friday . The stock traded as high as GBX 147 ($1.97) and last traded at GBX 131 ($1.76). Approximately 604,548 shares changed hands during mid-day trading, an increase of 199% from the average daily volume of 202,262 shares. The stock had previously closed at GBX 119 ($1.60).

Analyst Ratings Changes

Several research firms recently commented on HSW. Canaccord Genuity Group reissued a "buy" rating and set a GBX 247 ($3.32) price objective on shares of Hostelworld Group in a research note on Friday, March 21st. Shore Capital reiterated a "buy" rating on shares of Hostelworld Group in a report on Friday, April 25th.

Hostelworld Group Trading Up 5.7%

The stock has a market cap of £208.42 million, a PE ratio of 14.17 and a beta of 1.90. The firm has a 50-day moving average price of GBX 116.57 and a 200-day moving average price of GBX 124.50. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.20 and a current ratio of 0.43.

Insider Buying and Selling at Hostelworld Group

In other news, insider Caroline Sherry sold 207,864 shares of the company's stock in a transaction on Friday, May 9th. The stock was sold at an average price of GBX 111 ($1.49), for a total transaction of £230,729.04 ($309,744.99). Also, insider Gary Morrison sold 382,197 shares of Hostelworld Group stock in a transaction dated Friday, May 9th. The stock was sold at an average price of GBX 111 ($1.49), for a total value of £424,238.67 ($569,524.33). 15.28% of the stock is owned by company insiders.

Hostelworld Group Company Profile

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.