Hostelworld Group (LON:HSW) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Hostelworld Group plc (LON:HSW) crossed 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 trading hands.

Analyst Upgrades and Downgrades

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

Hostelworld Group Trading Down 0.4 %

The business’s 50 day moving average price is GBX 133.52 and its 200-day moving average price is GBX 136.20. The company has a current ratio of 0.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.81. The company has a market cap of £191.22 million, a price-to-earnings ratio of 13.00 and a beta of 1.90.

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.