Hostelworld Group (LON:HSW) Sets New 1-Year Low – What’s Next?

Hostelworld Group plc (LON:HSW) shares hit a new 52-week low on Tuesday . The stock traded as low as GBX 119.50 ($1.54) and last traded at GBX 121.42 ($1.57), with a volume of 80874 shares trading hands. The stock had previously closed at GBX 122 ($1.58).

Analysts Set New Price Targets

HSW has been the topic of a number of recent research reports. Shore Capital reaffirmed a “buy” rating on shares of Hostelworld Group in a research report on Thursday, March 20th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 247 ($3.19) target price on shares of Hostelworld Group in a research report on Friday, March 21st.

Hostelworld Group Stock Performance

The company has a 50 day moving average price of GBX 128.11 and a 200-day moving average price of GBX 132.50. 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 company has a market cap of £182.81 million, a P/E ratio of 12.43 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.