Hostelworld Group (LON:HSW) Share Price Passes Below 50 Day Moving Average - Should You Sell?

Hostelworld Group plc (LON:HSW - Get Free Report)'s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty 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 changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a "buy" rating on shares of Hostelworld Group in a report on Tuesday, January 14th.

Hostelworld Group Trading Down 0.8 %

The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.20 and a current ratio of 0.43. The company has a 50-day simple moving average of GBX 129.86 and a 200 day simple moving average of GBX 134.05. The company has a market capitalization of £185.95 million, a P/E ratio of 12.64 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.