Hollywood Bowl Group (LON:BOWL) Hits New 52-Week High at $440.23

Hollywood Bowl Group plc (LON:BOWL - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 440.23 ($5.53) and last traded at GBX 329.50 ($4.14), with a volume of 737957 shares changing hands. The stock had previously closed at GBX 331 ($4.16).

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Berenberg Bank restated a "buy" rating and issued a GBX 410 ($5.15) price target on shares of Hollywood Bowl Group in a research report on Tuesday, April 16th. Shore Capital restated a "buy" rating on shares of Hollywood Bowl Group in a research note on Tuesday, April 16th.

Hollywood Bowl Group Price Performance

The stock has a market cap of £582.51 million, a price-to-earnings ratio of 1,697.50, a P/E/G ratio of 0.87 and a beta of 1.22. The company has a debt-to-equity ratio of 131.27, a current ratio of 1.53 and a quick ratio of 1.62. The stock's 50 day simple moving average is GBX 332.48 and its two-hundred day simple moving average is GBX 305.61.

Hollywood Bowl Group Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, February 23rd. Investors of record on Thursday, February 1st were paid a GBX 11.27 ($0.14) dividend. The ex-dividend date of this dividend was Thursday, February 1st. This represents a yield of 3.99%. This is a boost from Hollywood Bowl Group's previous dividend of $3.27. Hollywood Bowl Group's payout ratio is presently 6,000.00%.

Insiders Place Their Bets

In related news, insider Ivan Schofield sold 20,000 shares of the business's stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of GBX 334 ($4.19), for a total value of £66,800 ($83,898.52). In other Hollywood Bowl Group news, insider Stephen Burns sold 165,696 shares of the company's stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of GBX 321 ($4.03), for a total transaction of £531,884.16 ($668,028.33). Also, insider Ivan Schofield sold 20,000 shares of Hollywood Bowl Group stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of GBX 334 ($4.19), for a total transaction of £66,800 ($83,898.52). Insiders sold a total of 205,696 shares of company stock worth $66,248,416 over the last quarter. Company insiders own 4.40% of the company's stock.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc operates ten-pin bowling and mini-golf centers in the United Kingdom. The company also supplies and installs bowling equipment. It operates centers under the Hollywood Bowl, Puttstars, and Splitsville brands. The company was incorporated in 2016 and is based in Hemel Hempstead, the United Kingdom.