Hollywood Bowl Group (LON:BOWL) Shares Down 0.8% – Here’s What Happened

Hollywood Bowl Group plc (LON:BOWL) shares were down 0.8% during mid-day trading on Thursday. The stock traded as low as GBX 292 and last traded at GBX 293.11. Approximately 228,354 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 1,994,482 shares. The stock had previously closed at GBX 295.50.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 450 price objective on shares of Hollywood Bowl Group in a report on Wednesday, October 7th. Four research analysts have rated the stock with a Buy rating. According to MarketBeat.com, Hollywood Bowl Group currently has an average rating of “Buy” and a consensus target price of GBX 397.75.

Hollywood Bowl Group Stock Down 0.8%

The company has a market capitalization of £488.36 million, a price-to-earnings ratio of 14.77, a PEG ratio of 0.87 and a beta of 0.36. The stock’s fifty day simple moving average is GBX 263.84 and its two-hundred day simple moving average is GBX 267.92. The company has a debt-to-equity ratio of 149.86, a current ratio of 0.71 and a quick ratio of 1.62.

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.