Hollywood Bowl Group (LON:BOWL) Stock Falls 0.8% – Here’s What Happened

Hollywood Bowl Group plc (LON:BOWL) dropped 0.8% during mid-day trading on Thursday. The stock traded as low as GBX 292 and last traded at GBX 293.11. Approximately 228,354 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 1,994,482 shares. The stock had previously closed at GBX 295.50.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 450 price objective on shares of Hollywood Bowl Group in a report on Wednesday, October 7th. Four analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 397.75.

Hollywood Bowl Group Stock Down 0.8%

The company has a debt-to-equity ratio of 149.86, a current ratio of 0.71 and a quick ratio of 1.62. The stock has a market cap of £488.36 million, a price-to-earnings ratio of 14.77, a price-to-earnings-growth ratio of 0.87 and a beta of 0.36. The firm’s 50-day moving average is GBX 263.84 and its 200 day moving average is GBX 267.92.

About Hollywood Bowl Group

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.