Hostelworld Group (LON:HSW) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Hostelworld Group plc (LON:HSW) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 121.85 and traded as low as GBX 116. Hostelworld Group shares last traded at GBX 117, with a volume of 160,706 shares.

Analyst Ratings Changes

A number of research firms have recently commented on HSW. Peel Hunt reissued a “buy” rating and set a GBX 160 price target on shares of Hostelworld Group in a report on Wednesday, October 15th. Shore Capital reiterated a “buy” rating on shares of Hostelworld Group in a research report on Thursday, January 15th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 200 target price on shares of Hostelworld Group in a report on Friday, October 10th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 201.

Hostelworld Group Price Performance

The firm has a market capitalization of £145.33 million, a P/E ratio of 19.83 and a beta of 1.90. The company has a fifty day moving average of GBX 121.85 and a 200 day moving average of GBX 121.81. 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. In addition, it engages in the technology trading business. The company was founded in 1999 and is based in Dublin, Ireland.