Hostelworld Group (LON:HSW) Share Price Passes Above Fifty Day Moving Average of $89.66

Shares of Hostelworld Group plc (LON:HSW – Get Rating) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 89.66 ($1.09) and traded as high as GBX 107.80 ($1.31). Hostelworld Group shares last traded at GBX 106.80 ($1.30), with a volume of 45,001 shares.

Separately, Shore Capital restated an “under review” rating on shares of Hostelworld Group in a report on Thursday, March 31st.

The firm’s fifty day moving average price is GBX 89.66 and its 200 day moving average price is GBX 78.61. The company has a current ratio of 2.08, a quick ratio of 2.00 and a debt-to-equity ratio of 42.17. The stock has a market capitalization of £125.50 million and a price-to-earnings ratio of -4.06.

In other Hostelworld Group news, insider Eimear Moloney bought 50,000 shares of the business’s stock in a transaction that occurred on Friday, April 1st. The shares were purchased at an average cost of GBX 79 ($0.96) per share, with a total value of £39,500 ($47,942.71).

About Hostelworld Group (LON:HSW)

Hostelworld Group plc operates an online booking platform worldwide. The company 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.

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