Hostelworld Group (LON:HSW) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

Hostelworld Group plc (LON:HSW) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 130.29 ($1.69) and traded as low as GBX 125 ($1.62). Hostelworld Group shares last traded at GBX 126.50 ($1.64), with a volume of 19,035 shares trading hands.

Wall Street Analysts Forecast Growth

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

Hostelworld Group Trading Up 0.4 %

The business’s fifty day moving average is GBX 130.29 and its 200 day moving average is GBX 134.29. The stock has a market cap of £190.46 million, a PE ratio of 12.95 and a beta of 1.90. The company has a quick ratio of 1.20, a current ratio of 0.43 and a debt-to-equity ratio of 0.81.

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.