Hostelworld Group (LON:HSW) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Shares of Hostelworld Group plc (LON:HSW) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 128.33 ($1.66) and traded as high as GBX 129.50 ($1.68). Hostelworld Group shares last traded at GBX 127 ($1.64), with a volume of 8,336 shares traded.

Analyst Ratings Changes

A number of equities research analysts have recently commented on HSW shares. Shore Capital restated a “buy” rating on shares of Hostelworld Group in a research report on Thursday, March 20th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 247 ($3.20) price objective on shares of Hostelworld Group in a report on Friday, March 21st.

Hostelworld Group Stock Performance

The stock has a market cap of £191.22 million, a price-to-earnings ratio of 13.00 and a beta of 1.90. The firm’s 50-day moving average is GBX 128.33 and its two-hundred day moving average is GBX 132.78. The company has a current ratio of 0.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.81.

Hostelworld Group Company Profile

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.