Hostelworld Group (LON:HSW) Stock Price Down 3.3% – Should You Sell?

Hostelworld Group plc (LON:HSW)’s share price fell 3.3% during trading on Monday . The stock traded as low as GBX 119 and last traded at GBX 119.42. 63,287 shares changed hands during trading, a decline of 64% from the average session volume of 174,209 shares. The stock had previously closed at GBX 123.50.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HSW. Shore Capital reaffirmed a “buy” rating on shares of Hostelworld Group in a research report on Tuesday, October 21st. Peel Hunt restated a “buy” rating and issued a GBX 160 target price on shares of Hostelworld Group in a report on Wednesday, October 15th. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 200 target price on shares of Hostelworld Group in a research report on Friday, October 10th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 201.

Hostelworld Group Stock Down 3.3%

The firm has a 50-day moving average of GBX 125.79 and a two-hundred day moving average of GBX 123.64. The firm has a market cap of £148.64 million, a price-to-earnings ratio of 20.24 and a beta of 1.90. 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. In addition, it engages in the technology trading business. The company was founded in 1999 and is based in Dublin, Ireland.