Hostelworld Group’s (LON:HSW) Add Rating Reaffirmed at Peel Hunt

Peel Hunt reissued their add rating on shares of Hostelworld Group (LON:HSW) in a research report released on Friday, August 30th, ThisIsMoney.Co.Uk reports.

Several other brokerages also recently commented on HSW. Numis Securities reaffirmed a buy rating on shares of Hostelworld Group in a report on Monday, June 3rd. Shore Capital reissued a buy rating on shares of Hostelworld Group in a research report on Wednesday, August 28th.

Shares of LON HSW traded up GBX 3.20 ($0.04) during mid-day trading on Friday, hitting GBX 131.20 ($1.71). 94,796 shares of the stock traded hands, compared to its average volume of 70,438. The company has a market cap of $125.39 million and a PE ratio of 12.15. Hostelworld Group has a twelve month low of GBX 133.53 ($1.74) and a twelve month high of GBX 251.50 ($3.29). The firm has a 50 day simple moving average of GBX 157.87 and a two-hundred day simple moving average of GBX 192.38. 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 business also recently disclosed a dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, August 29th will be issued a dividend of €0.04 ($0.05) per share. This represents a yield of 2.62%. The ex-dividend date is Thursday, August 29th. Hostelworld Group’s dividend payout ratio is currently 1.11%.

About Hostelworld Group

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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