Hostelworld Group (LON:HSW) Trading Up 0.8%

Hostelworld Group PLC (LON:HSW) was up 0.8% on Monday . The stock traded as high as GBX 135.80 ($1.77) and last traded at GBX 133 ($1.74), approximately 437,883 shares were traded during mid-day trading. An increase of 522% from the average daily volume of 70,438 shares. The stock had previously closed at GBX 132 ($1.72).

Several equities analysts have recently weighed in on HSW shares. Shore Capital reiterated a “buy” rating on shares of Hostelworld Group in a research report on Wednesday, August 28th. Peel Hunt reiterated an “add” rating on shares of Hostelworld Group in a research report on Friday, October 4th. Finally, Berenberg Bank reduced their price target on Hostelworld Group from GBX 230 ($3.01) to GBX 145 ($1.89) and set a “hold” rating for the company in a research report on Thursday, September 12th.

The company has a market cap of $126.35 million and a P/E ratio of 12.31. The company has a 50 day moving average of GBX 115.31 and a 200-day moving average of GBX 166.65. The company has a debt-to-equity ratio of 3.61, a current ratio of 1.63 and a quick ratio of 1.55.

About Hostelworld Group (LON:HSW)

Hostelworld Group Plc operates an online hostel-booking platform worldwide. The company provides software and data processing services that facilitate hostel, B&B, hotel, and other accommodation bookings. It operates through its Hostelworld flagship brand, as well as under the Hostelbookers and Hostels.com brands.

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