Hollywood Bowl Group (LON:BOWL) Share Price Passes Below 50-Day Moving Average – Time to Sell?

Hollywood Bowl Group plc (LON:BOWL)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 271.15 ($3.51) and traded as low as GBX 271 ($3.51). Hollywood Bowl Group shares last traded at GBX 272.50 ($3.53), with a volume of 13,767,653 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of Hollywood Bowl Group in a report on Tuesday, February 18th.

Hollywood Bowl Group Trading Up 0.6 %

The company has a market cap of £473.25 million, a PE ratio of 13.41, a P/E/G ratio of 0.87 and a beta of 1.26. The stock’s 50 day moving average is GBX 270.86 and its 200-day moving average is GBX 297.64. The company has a quick ratio of 1.62, a current ratio of 0.95 and a debt-to-equity ratio of 143.39.

Hollywood Bowl Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 30th were paid a dividend of GBX 8.08 ($0.10) per share. This is a boost from Hollywood Bowl Group’s previous dividend of $3.98. This represents a yield of 2.42%. The ex-dividend date was Thursday, January 30th. Hollywood Bowl Group’s payout ratio is presently 63.64%.

Insider Buying and Selling at Hollywood Bowl Group

In other news, insider Julia Porter acquired 2,000 shares of the business’s stock in a transaction on Monday, January 20th. The shares were acquired at an average price of GBX 288 ($3.73) per share, for a total transaction of £5,760 ($7,455.35). Also, insider Darren M. Shapland bought 30,000 shares of Hollywood Bowl Group stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average cost of GBX 258 ($3.34) per share, for a total transaction of £77,400 ($100,181.21). Insiders have purchased a total of 97,800 shares of company stock worth $26,392,600 over the last ninety days. Company insiders own 4.36% 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.