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 stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of GBX 158 ($1.98), for a total transaction of £402,247.46 ($505,272.53).

Hostelworld Group Price Performance

Shares of LON:HSW opened at GBX 162 ($2.03) on Friday. The company has a market capitalization of £200.30 million, a P/E ratio of 5,400.00 and a beta of 1.98. Hostelworld Group plc has a 1-year low of GBX 101 ($1.27) and a 1-year high of GBX 173.50 ($2.18). The firm’s 50 day simple moving average is GBX 159.48 and its two-hundred day simple moving average is GBX 142.18. The company has a debt-to-equity ratio of 18.13, a current ratio of 0.41 and a quick ratio of 1.20.

Analysts Set New Price Targets

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

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.