Hostelworld Group (LON:HSW) Hits New 52-Week Low – Should You Sell?

Hostelworld Group plc (LON:HSW) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 119.50 ($1.57) and last traded at GBX 121.42 ($1.59), with a volume of 80874 shares traded. The stock had previously closed at GBX 122 ($1.60).

Analysts Set New Price Targets

Several analysts recently commented on the stock. Canaccord Genuity Group restated a “buy” rating and set a GBX 247 ($3.24) price target on shares of Hostelworld Group in a report on Friday, March 21st. Shore Capital reissued a “buy” rating on shares of Hostelworld Group in a research report on Thursday, March 20th.

Hostelworld Group Price Performance

The stock has a 50 day moving average of GBX 127.55 and a two-hundred day moving average of GBX 132.26. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.20 and a current ratio of 0.43. The firm has a market capitalization of £176.91 million, a P/E ratio of 12.03 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.