Hollywood Bowl Group (LON:BOWL) Shares Cross Below 50-Day Moving Average – Should You Sell?

Hollywood Bowl Group plc (LON:BOWL)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 303.04 ($3.77) and traded as low as GBX 286.50 ($3.57). Hollywood Bowl Group shares last traded at GBX 288.50 ($3.59), with a volume of 584,498 shares trading hands.

Analyst Ratings Changes

BOWL has been the topic of several recent analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 420 ($5.23) price objective on shares of Hollywood Bowl Group in a report on Thursday, November 28th. Shore Capital reiterated a “buy” rating on shares of Hollywood Bowl Group in a research note on Tuesday, December 17th.

Hollywood Bowl Group Trading Up 2.1 %

The company has a quick ratio of 1.62, a current ratio of 1.24 and a debt-to-equity ratio of 135.91. The company’s 50-day moving average is GBX 303.04 and its 200 day moving average is GBX 312.90. The company has a market cap of £505.92 million, a price-to-earnings ratio of 1,470.00, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26.

Hollywood Bowl Group (LON:BOWL) last posted its earnings results on Tuesday, December 17th. The company reported GBX 18.82 ($0.23) EPS for the quarter. Hollywood Bowl Group had a return on equity of 24.25% and a net margin of 15.71%. Research analysts predict that Hollywood Bowl Group plc will post 22.5511696 EPS for the current year.

Hollywood Bowl Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, January 30th will be given a dividend of GBX 8.08 ($0.10) per share. This is a positive change from Hollywood Bowl Group’s previous dividend of $3.98. The ex-dividend date is Thursday, January 30th. This represents a dividend yield of 2.42%. Hollywood Bowl Group’s dividend payout ratio (DPR) is 6,500.00%.

Insider Buying and Selling

In other news, insider Stephen Burns acquired 13,210 shares of the firm’s stock in a transaction on Tuesday, December 17th. The shares were bought at an average price of GBX 300 ($3.74) per share, for a total transaction of £39,630 ($49,340.14). Also, insider Julia Porter bought 2,000 shares of the stock in a transaction on Monday, January 20th. The shares were acquired at an average cost of GBX 288 ($3.59) per share, for a total transaction of £5,760 ($7,171.31). In the last quarter, insiders purchased 155,210 shares of company stock valued at $48,539,000. 4.36% of the stock is owned by corporate insiders.

About Hollywood Bowl Group

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition.

Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested.

We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.