Hostelworld Group plc (LON:HSW) Insider Gary Morrison Sells 254,587 Shares

Hostelworld Group plc (LON:HSW) insider Gary Morrison sold 254,587 shares of the company’s stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of GBX 158 ($1.98), for a total transaction of £402,247.46 ($505,272.53).

Hostelworld Group Stock Up 1.3 %

Shares of LON:HSW traded up GBX 2 ($0.03) during trading on Thursday, hitting GBX 162 ($2.03). The company’s stock had a trading volume of 4,696,035 shares, compared to its average volume of 562,140. Hostelworld Group plc has a fifty-two week low of GBX 101 ($1.27) and a fifty-two week high of GBX 173.50 ($2.18). The business has a 50 day moving average price of GBX 159.15 and a two-hundred day moving average price of GBX 141.70. The company has a debt-to-equity ratio of 18.13, a quick ratio of 1.20 and a current ratio of 0.41. The company has a market capitalization of £200.30 million, a PE ratio of 5,333.33 and a beta of 1.98.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of Hostelworld Group in a research report on Thursday, March 21st.

Hostelworld Group Company Profile

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.