Hostelworld Group (LON:HSW) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Hostelworld Group plc (LON:HSW) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 136.20 ($1.71) and traded as low as GBX 127 ($1.60). Hostelworld Group shares last traded at GBX 127 ($1.60), with a volume of 93,472 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “buy” rating on shares of Hostelworld Group in a research report on Tuesday, January 14th.

Hostelworld Group Stock Performance

The business has a 50-day moving average of GBX 133.52 and a two-hundred day moving average of GBX 136.20. The company has a market cap of £191.22 million, a P/E ratio of 13.00 and a beta of 1.90. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20.

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.