Hollywood Bowl Group (LON:BOWL) Hits New 12-Month High at $346.00

Hollywood Bowl Group plc (LON:BOWL) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 346 ($4.35) and last traded at GBX 346 ($4.35), with a volume of 93620 shares changing hands. The stock had previously closed at GBX 343 ($4.31).

Analyst Upgrades and Downgrades

A number of analysts have issued reports on BOWL shares. Shore Capital reissued a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday, April 16th. Berenberg Bank reissued a “buy” rating and issued a GBX 410 ($5.15) target price on shares of Hollywood Bowl Group in a research report on Tuesday, April 16th.

Hollywood Bowl Group Stock Down 0.6 %

The business has a 50-day moving average price of GBX 328.72 and a two-hundred day moving average price of GBX 298.22. The company has a quick ratio of 1.62, a current ratio of 1.53 and a debt-to-equity ratio of 131.27. The firm has a market cap of £582.17 million, a PE ratio of 1,707.50, a price-to-earnings-growth ratio of 0.87 and a beta of 1.24.

Hollywood Bowl Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 23rd. Stockholders of record on Thursday, February 1st were given a dividend of GBX 11.27 ($0.14) per share. The ex-dividend date of this dividend was Thursday, February 1st. This represents a dividend yield of 3.99%. This is a positive change from Hollywood Bowl Group’s previous dividend of $3.27. Hollywood Bowl Group’s dividend payout ratio is currently 6,000.00%.

Insider Transactions at Hollywood Bowl Group

In other news, insider Stephen Burns sold 165,696 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of GBX 321 ($4.03), for a total transaction of £531,884.16 ($668,112.25). In other news, insider Stephen Burns sold 165,696 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of GBX 321 ($4.03), for a total transaction of £531,884.16 ($668,112.25). Also, insider Ivan Schofield sold 20,000 shares of the company’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of GBX 319 ($4.01), for a total value of £63,800 ($80,140.69). Over the last 90 days, insiders have sold 205,696 shares of company stock valued at $66,248,416. 4.25% of the stock is currently owned by company insiders.

About Hollywood Bowl Group

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.