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 two hundred day moving average during trading on Friday . The stock has a two hundred 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 traded.

Analyst Ratings Changes

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

Hostelworld Group Stock Performance

The stock has a market cap of £191.22 million, a PE ratio of 13.00 and a beta of 1.90. The company has a quick ratio of 1.20, a current ratio of 0.43 and a debt-to-equity ratio of 0.81. The firm has a 50 day moving average price of GBX 133.52 and a 200 day moving average price of GBX 136.20.

Hostelworld Group Company Profile

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.