Hostelworld Group (LON:HSW) Stock Price Down 0.3% - Here's Why

Key Points

• Hostelworld Group's stock price fell by 0.3%, trading between GBX 122.49 and 126.13, with a notable increase in trading volume at 321,608 shares.
• Five analysts currently have a Buy rating on Hostelworld Group shares, with target prices ranging from GBX 160 to 215, and an average target price of GBX 201.
• Hostelworld Group operates as an online travel agent focused on the hostel market, providing software, marketing, and consulting services in the accommodation sector.

Hostelworld Group plc (LON:HSW - Get Free Report) shares were down 0.3% on Tuesday . The company traded as low as GBX 122.49 ($1.64) and last traded at GBX 126.13 ($1.69). Approximately 321,608 shares changed hands during trading, an increase of 80% from the average daily volume of 178,194 shares. The stock had previously closed at GBX 126.50 ($1.69).

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on HSW shares. Shore Capital reissued a "buy" rating on shares of Hostelworld Group in a research report on Tuesday. Peel Hunt reaffirmed a "buy" rating and issued a GBX 160 target price on shares of Hostelworld Group in a research report on Wednesday, October 15th. Liberum Capital reaffirmed a "buy" rating and issued a GBX 200 target price on shares of Hostelworld Group in a research report on Friday, October 10th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 200 target price on shares of Hostelworld Group in a research report on Monday, August 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 215 target price on shares of Hostelworld Group in a research report on Thursday, July 31st. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of GBX 201.

Hostelworld Group Trading Down 0.3%

The business's 50 day moving average price is GBX 118.39 and its 200-day moving average price is GBX 119.94. The company has a current ratio of 0.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.81. The company has a market cap of £158.34 million, a price-to-earnings ratio of 21.38 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.

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