Hostelworld Group (LON:HSW) Shares Cross Below Two Hundred Day Moving Average - What's Next?

Hostelworld Group plc (LON:HSW - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 129.42 ($1.72) and traded as low as GBX 111 ($1.48). Hostelworld Group shares last traded at GBX 111.80 ($1.49), with a volume of 60,905 shares traded.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Shore Capital reiterated a "buy" rating on shares of Hostelworld Group in a report on Friday. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 247 ($3.29) price target on shares of Hostelworld Group in a research note on Friday, March 21st.

Hostelworld Group Stock Up 1.3 %

The business has a 50 day moving average of GBX 120.82 and a two-hundred day moving average of GBX 128.94. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.20 and a current ratio of 0.43. The stock has a market capitalization of £170.89 million, a PE ratio of 11.62 and a beta of 1.90.

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.