Hostelworld Group (LON:HSW) Hits New 12-Month Low – Here’s What Happened

Hostelworld Group plc (LON:HSW)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 100 and last traded at GBX 102.50, with a volume of 119339 shares traded. The stock had previously closed at GBX 103.50.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “buy” rating on shares of Hostelworld Group in a research report on Thursday, January 15th. Five analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 201.

Hostelworld Group Stock Down 1.0%

The company has a current ratio of 0.84, a quick ratio of 1.20 and a debt-to-equity ratio of 0.14. The stock has a market cap of £126.66 million, a P/E ratio of 17.37 and a beta of 0.76. The stock’s fifty day moving average price is GBX 115.15 and its 200 day moving average price is GBX 119.92.

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. In addition, it engages in the technology trading business. The company was founded in 1999 and is based in Dublin, Ireland.