Hollywood Bowl Group (LON:BOWL) Share Price Passes Below 50 Day Moving Average – Here’s Why

Shares of Hollywood Bowl Group plc (LON:BOWL) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 264.85 and traded as low as GBX 248.50. Hollywood Bowl Group shares last traded at GBX 248.50, with a volume of 180,620 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 440 price target on shares of Hollywood Bowl Group in a research note on Monday, January 19th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Hollywood Bowl Group currently has a consensus rating of “Buy” and an average price target of GBX 400.

Hollywood Bowl Group Trading Up 0.4%

The stock has a market cap of £414.63 million, a P/E ratio of 12.34, a P/E/G ratio of 0.87 and a beta of 0.23. The company has a current ratio of 0.61, a quick ratio of 1.62 and a debt-to-equity ratio of 155.86. The company has a 50-day moving average price of GBX 264.85 and a two-hundred day moving average price of GBX 266.53.

Hollywood Bowl Group (LON:BOWL) last released its quarterly earnings results on Tuesday, December 16th. The company reported GBX 21.51 earnings per share for the quarter. Hollywood Bowl Group had a return on equity of 22.81% and a net margin of 13.81%. On average, research analysts expect that Hollywood Bowl Group plc will post 22.5511696 EPS for the current fiscal year.

Insider Buying and Selling at Hollywood Bowl Group

In other news, insider Melanie Dickinson sold 36,700 shares of the stock in a transaction on Thursday, February 5th. The shares were sold at an average price of GBX 263, for a total value of £96,521. Also, insider Stephen Burns sold 158,472 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of GBX 259, for a total transaction of £410,442.48. Over the last quarter, insiders have bought 4,703 shares of company stock worth $1,159,829 and have sold 337,043 shares worth $88,008,421. Company insiders own 3.69% of the company’s stock.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition.

Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested.

We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.