Hostelworld Group (LON:HSW) Sets New 52-Week Low at $122.00

Hostelworld Group PLC (LON:HSW)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 122 ($1.59) and last traded at GBX 122 ($1.59), with a volume of 286202 shares. The stock had previously closed at GBX 128 ($1.67).

Several analysts have weighed in on the stock. Numis Securities reaffirmed a “buy” rating on shares of Hostelworld Group in a research note on Monday, June 3rd. Peel Hunt reaffirmed an “add” rating on shares of Hostelworld Group in a research note on Friday, August 30th. Berenberg Bank decreased their price objective on shares of Hostelworld Group from GBX 230 ($3.01) to GBX 145 ($1.89) and set a “hold” rating on the stock in a research note on Thursday, September 12th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Hostelworld Group in a research note on Wednesday, August 28th.

The company has a debt-to-equity ratio of 3.61, a current ratio of 1.63 and a quick ratio of 1.55. The stock has a market capitalization of $116.60 million and a P/E ratio of 11.30. The company’s 50 day simple moving average is GBX 152.68 and its two-hundred day simple moving average is GBX 190.34.

The company also recently disclosed a dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, August 29th will be paid a dividend of €0.04 ($0.05) per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a yield of 2.62%. Hostelworld Group’s dividend payout ratio is 1.11%.

About Hostelworld Group (LON:HSW)

Hostelworld Group Plc operates an online hostel-booking platform worldwide. The company provides software and data processing services that facilitate hostel, B&B, hotel, and other accommodation bookings. It operates through its Hostelworld flagship brand, as well as under the Hostelbookers and Hostels.com brands.

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