Hostelworld Group (LON:HSW) Shares Cross Below Fifty Day Moving Average of $157.68

Hostelworld Group plc (LON:HSW)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 157.68 ($1.96) and traded as low as GBX 149.50 ($1.86). Hostelworld Group shares last traded at GBX 150 ($1.87), with a volume of 292,721 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of Hostelworld Group in a research report on Thursday, March 21st.

Hostelworld Group Stock Performance

The company has a market capitalization of £185.46 million, a PE ratio of 5,000.00 and a beta of 1.98. The company has a quick ratio of 1.20, a current ratio of 0.41 and a debt-to-equity ratio of 18.13. The company has a 50-day moving average price of GBX 157.68 and a two-hundred day moving average price of GBX 139.18.

About Hostelworld Group

Hostelworld Group plc operates an online booking platform worldwide. The company 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.