Hostelworld Group plc (LON:HSW - Get Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 115.26 ($1.57) and traded as low as GBX 112 ($1.52). Hostelworld Group shares last traded at GBX 119.50 ($1.62), with a volume of 201,256 shares trading hands.
Analysts Set New Price Targets
Several research analysts have commented on HSW shares. Canaccord Genuity Group restated a "buy" rating and set a GBX 247 ($3.35) price objective on shares of Hostelworld Group in a research report on Friday, March 21st. Shore Capital restated a "buy" rating on shares of Hostelworld Group in a research report on Friday, April 25th.
Get Our Latest Stock Report on Hostelworld Group
Hostelworld Group Trading Down 4.2%
The firm has a market capitalization of £172.40 million, a price-to-earnings ratio of 11.72 and a beta of 1.90. 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 firm's 50-day simple moving average is GBX 115.11 and its 200 day simple moving average is GBX 125.63.
Insider Transactions at Hostelworld Group
In other news, insider Gary Morrison sold 382,197 shares of the company's stock in a transaction on Friday, May 9th. The shares were sold at an average price of GBX 111 ($1.51), for a total transaction of £424,238.67 ($576,098.14). Also, insider Caroline Sherry sold 207,864 shares of the business's stock in a transaction on Friday, May 9th. The stock was sold at an average price of GBX 111 ($1.51), for a total transaction of £230,729.04 ($313,320.26). Company insiders own 15.28% of the company's stock.
Hostelworld Group Company Profile
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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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