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

Hostelworld Group plc (LON:HSW)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 136.20 ($1.71) and traded as low as GBX 127 ($1.60). Hostelworld Group shares last traded at GBX 127 ($1.60), with a volume of 93,472 shares.

Wall Street Analysts Forecast Growth

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

Hostelworld Group Stock Performance

The firm has a market capitalization of £191.22 million, a PE ratio of 13.00 and a beta of 1.90. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.43 and a quick ratio of 1.20. The company’s fifty day simple moving average is GBX 133.52 and its 200 day simple moving average is GBX 136.20.

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.