Hostelworld Group (LON:HSW) Shares Cross Below 50-Day Moving Average – What’s Next?

Hostelworld Group plc (LON:HSW) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 130.29 ($1.69) and traded as low as GBX 125 ($1.62). Hostelworld Group shares last traded at GBX 126.50 ($1.64), with a volume of 19,035 shares.

Analyst Upgrades and Downgrades

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

Hostelworld Group Stock Performance

The stock has a market cap of £190.46 million, a PE ratio of 12.95 and a beta of 1.90. The stock has a fifty day moving average of GBX 130.29 and a 200-day moving average of GBX 134.29. The company has a quick ratio of 1.20, a current ratio of 0.43 and a debt-to-equity ratio of 0.81.

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.