Hostelworld Group (LON:HSW) Stock Price Crosses Below Fifty Day Moving Average of $159.60

Shares of Hostelworld Group plc (LON:HSW) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 159.60 ($2.01) and traded as low as GBX 156.50 ($1.97). Hostelworld Group shares last traded at GBX 156.50 ($1.97), with a volume of 325,028 shares traded.

Analyst Upgrades and Downgrades

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

Hostelworld Group Stock Performance

The company has a current ratio of 0.41, a quick ratio of 1.20 and a debt-to-equity ratio of 18.13. The stock has a fifty day moving average price of GBX 159.60 and a 200-day moving average price of GBX 143.31. The firm has a market capitalization of £197.82 million, a price-to-earnings ratio of 5,216.67 and a beta of 1.98.

Insider Transactions at Hostelworld Group

In other news, insider Gary Morrison sold 254,587 shares of the stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of GBX 158 ($1.98), for a total value of £402,247.46 ($505,336.01). 15.56% of the stock is currently owned by insiders.

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.