Hostelworld Group (LON:HSW) Hits New 12-Month Low – Time to Sell?

Hostelworld Group plc (LON:HSW)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 105 and last traded at GBX 105, with a volume of 181339 shares trading hands. The stock had previously closed at GBX 111.50.

Analysts Set New Price Targets

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

Hostelworld Group Stock Down 5.8%

The stock’s 50-day simple moving average is GBX 119.65 and its 200-day simple moving average is GBX 120.88. The company has a current ratio of 0.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of £130.08 million, a P/E ratio of 17.80 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. In addition, it engages in the technology trading business. The company was founded in 1999 and is based in Dublin, Ireland.