Hollywood Bowl Group (LON:BOWL) Hits New 12-Month High at $346.00

Hollywood Bowl Group plc (LON:BOWL)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 346 ($4.27) and last traded at GBX 346 ($4.27), with a volume of 93620 shares traded. The stock had previously closed at GBX 343 ($4.24).

Analyst Upgrades and Downgrades

Several research firms have recently commented on BOWL. Shore Capital reaffirmed a “buy” rating on shares of Hollywood Bowl Group in a report on Tuesday, April 16th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 410 ($5.06) price objective on shares of Hollywood Bowl Group in a report on Tuesday, April 16th.

Hollywood Bowl Group Stock Performance

The company has a debt-to-equity ratio of 131.27, a quick ratio of 1.62 and a current ratio of 1.53. The firm’s 50 day moving average is GBX 327.62 and its 200-day moving average is GBX 296.38. The stock has a market capitalization of £590.24 million, a price-to-earnings ratio of 1,715.00, a PEG ratio of 0.87 and a beta of 1.24.

Hollywood Bowl Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 23rd. Investors of record on Thursday, February 1st were paid a GBX 11.27 ($0.14) dividend. This is a boost from Hollywood Bowl Group’s previous dividend of $3.27. This represents a dividend yield of 3.99%. The ex-dividend date of this dividend was Thursday, February 1st. Hollywood Bowl Group’s payout ratio is currently 6,000.00%.

Insider Activity at Hollywood Bowl Group

In related news, insider Ivan Schofield sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of GBX 334 ($4.13), for a total value of £66,800 ($82,509.88). In other Hollywood Bowl Group news, insider Ivan Schofield sold 20,000 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of GBX 334 ($4.13), for a total transaction of £66,800 ($82,509.88). Also, insider Stephen Burns sold 165,696 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of GBX 321 ($3.96), for a total transaction of £531,884.16 ($656,971.54). Insiders sold a total of 205,696 shares of company stock worth $66,248,416 in the last three months. Company insiders own 4.25% of the company’s stock.

About Hollywood Bowl Group

Hollywood Bowl Group plc operates ten-pin bowling and mini-golf centers in the United Kingdom. The company also supplies and installs bowling equipment. It operates centers under the Hollywood Bowl, Puttstars, and Splitsville brands. The company was incorporated in 2016 and is based in Hemel Hempstead, the United Kingdom.