Hostelworld Group (LON:HSW) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Shares of Hostelworld Group plc (LON:HSW) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 132.02 ($1.67) and traded as low as GBX 127.50 ($1.61). Hostelworld Group shares last traded at GBX 127.50 ($1.61), with a volume of 24,351 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Hostelworld Group in a research note on Tuesday, January 14th.

Hostelworld Group Stock Performance

The stock has a 50 day moving average price of GBX 132.02 and a two-hundred day moving average price of GBX 135.65. 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 £193.63 million, a price-to-earnings ratio of 13.16 and a beta of 1.90.

About Hostelworld Group

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.