Hollywood Bowl Group (LON:BOWL) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of Hollywood Bowl Group plc (LON:BOWL) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 252.37 and traded as low as GBX 248.50. Hollywood Bowl Group shares last traded at GBX 250, with a volume of 816,082 shares.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 376 price target on shares of Hollywood Bowl Group in a research note on Thursday, April 16th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Hollywood Bowl Group has an average rating of “Buy” and an average target price of GBX 394.

Hollywood Bowl Group Trading Down 1.2%

The company has a market capitalization of £414.07 million, a P/E ratio of 12.26, a price-to-earnings-growth ratio of 0.87 and a beta of 0.34. The company has a debt-to-equity ratio of 155.86, a current ratio of 0.61 and a quick ratio of 1.62. The firm has a fifty day moving average price of GBX 252.37 and a 200-day moving average price of GBX 264.28.

Insider Activity at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Stephen Burns bought 1,481 shares of Hollywood Bowl Group stock in a transaction dated Friday, March 6th. The stock was bought at an average cost of GBX 243 per share, with a total value of £3,598.83. Also, insider Melanie Dickinson bought 2,222 shares of Hollywood Bowl Group stock in a transaction dated Friday, March 6th. The stock was acquired at an average cost of GBX 243 per share, with a total value of £5,399.46. Corporate insiders own 3.56% of the company’s stock.

About Hollywood Bowl Group

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition.

Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested.

We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.