Insider Selling: Hostelworld Group plc (LON:HSW) Insider Sells 254,587 Shares of Stock

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

Hostelworld Group Stock Performance

LON HSW traded up GBX 2 ($0.03) on Thursday, hitting GBX 162 ($2.03). 4,696,035 shares of the stock traded hands, compared to its average volume of 562,140. 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 business’s fifty day moving average is GBX 159.15 and its two-hundred day moving average is GBX 141.70. Hostelworld Group plc has a 12 month low of GBX 101 ($1.27) and a 12 month high of GBX 173.50 ($2.18). The firm has a market capitalization of £200.30 million, a price-to-earnings ratio of 5,333.33 and a beta of 1.98.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of Hostelworld Group in a research note 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.