Hostelworld Group (LON:HSW) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Hostelworld Group plc (LON:HSW)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 129.42 ($1.71) and traded as low as GBX 111 ($1.47). Hostelworld Group shares last traded at GBX 111.80 ($1.48), with a volume of 60,905 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts recently commented on HSW shares. Canaccord Genuity Group restated a “buy” rating and set a GBX 247 ($3.27) price objective on shares of Hostelworld Group in a report on Friday, March 21st. Shore Capital reissued a “buy” rating on shares of Hostelworld Group in a research note on Thursday, March 20th.

Hostelworld Group Trading Up 0.9 %

The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.20 and a current ratio of 0.43. The stock has a market cap of £168.63 million, a price-to-earnings ratio of 11.46 and a beta of 1.90. The business has a 50-day simple moving average of GBX 121.72 and a two-hundred day simple moving average of GBX 129.42.

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.