Hostelworld Group (LON:HSW) Shares Pass Below Fifty Day Moving Average - What's Next?

Shares of Hostelworld Group plc (LON:HSW - Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 132.02 ($1.66) and traded as low as GBX 127.50 ($1.61). Hostelworld Group shares last traded at GBX 127.50 ($1.61), with a volume of 24,351 shares changing hands.

Wall Street Analyst Weigh In

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

Hostelworld Group Stock Down 4.8 %

The company has a market capitalization of £180.68 million, a PE ratio of 12.28 and a beta of 1.90. 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 50 day simple moving average of GBX 131.74 and a two-hundred day simple moving average of GBX 135.37.

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.