Hostelworld Group (LON:HSW) Earns Buy Rating from Shore Capital

Shore Capital reissued their buy rating on shares of Hostelworld Group (LON:HSW - Free Report) in a research report sent to investors on Thursday morning, Marketbeat.com reports.

Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 247 ($3.36) target price on shares of Hostelworld Group in a research note on Friday, March 21st.

Hostelworld Group Stock Up 0.2%

Shares of LON:HSW traded up GBX 0.28 ($0.00) during trading on Thursday, reaching GBX 129.28 ($1.76). 220,233 shares of the company traded hands, compared to its average volume of 201,136. The firm has a fifty day simple moving average of GBX 123.64 and a 200 day simple moving average of GBX 124.76. The firm has a market cap of £194.65 million, a P/E ratio of 13.23 and a beta of 1.90. Hostelworld Group has a 1-year low of GBX 105 ($1.43) and a 1-year high of GBX 154.50 ($2.10). The company has a quick ratio of 1.20, a current ratio of 0.43 and a debt-to-equity ratio of 0.81.

Insider Activity

In other Hostelworld Group news, insider Gary Morrison sold 382,197 shares of the business's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of GBX 111 ($1.51), for a total value of £424,238.67 ($576,332.93). Also, insider Caroline Sherry sold 207,864 shares of the business's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of GBX 111 ($1.51), for a total transaction of £230,729.04 ($313,447.96). 15.28% of the stock is currently owned by 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.