Hostelworld Group (LON:HSW) Reaches New 12-Month Low – Time to Sell?

Hostelworld Group plc (LON:HSW)’s share price reached a new 52-week low during mid-day trading on Friday. The company traded as low as GBX 84.20 and last traded at GBX 84.80, with a volume of 129,008 shares trading hands. The stock had previously closed at GBX 86.40.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on HSW shares. Berenberg Bank decreased their price objective on shares of Hostelworld Group from GBX 171 to GBX 150 and set a “buy” rating on the stock in a report on Wednesday, October 7th. Shore Capital Group reiterated a “buy” rating and issued a GBX 220 target price on shares of Hostelworld Group in a report on Wednesday, October 7th. Canaccord Genuity Group dropped their target price on shares of Hostelworld Group from GBX 205 to GBX 185 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 215 target price on shares of Hostelworld Group in a research report on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 192.50.

Hostelworld Group Price Performance

The company has a market capitalization of £104.55 million, a PE ratio of 16.96 and a beta of 0.90. The company has a debt-to-equity ratio of 15.41, a current ratio of 0.86 and a quick ratio of 1.20. The stock’s 50 day simple moving average is GBX 105.41 and its 200-day simple moving average is GBX 106.64.

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. In addition, it engages in the technology trading business. The company was founded in 1999 and is based in Dublin, Ireland.