Hollywood Bowl Group (LON:BOWL) Shares Pass Below 50-Day Moving Average of $316.96

Hollywood Bowl Group plc (LON:BOWL)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 316.96 ($4.10) and traded as low as GBX 314.50 ($4.07). Hollywood Bowl Group shares last traded at GBX 325 ($4.20), with a volume of 173,387 shares.

Analyst Ratings Changes

BOWL has been the topic of a number of research reports. Berenberg Bank reiterated a “buy” rating and set a GBX 410 ($5.30) target price on shares of Hollywood Bowl Group in a report on Tuesday, April 16th. Shore Capital reiterated a “buy” rating on shares of Hollywood Bowl Group in a report on Tuesday, April 16th.

Hollywood Bowl Group Price Performance

The stock’s fifty day moving average price is GBX 316.77 and its two-hundred day moving average price is GBX 318.38. The firm has a market capitalization of £557.64 million, a price-to-earnings ratio of 1,625.00, a price-to-earnings-growth ratio of 0.87 and a beta of 1.21. The company has a current ratio of 1.53, a quick ratio of 1.62 and a debt-to-equity ratio of 131.27.

Hollywood Bowl Group Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 10th. Investors of record on Thursday, June 13th were given a GBX 3.98 ($0.05) dividend. This represents a dividend yield of 1.2%. The ex-dividend date was Thursday, June 13th. Hollywood Bowl Group’s dividend payout ratio (DPR) is 6,000.00%.

Insider Activity at Hollywood Bowl Group

In related news, insider Ivan Schofield sold 28,881 shares of the stock in a transaction on Tuesday, June 4th. The shares were sold at an average price of GBX 333 ($4.31), for a total value of £96,173.73 ($124,384.03). Insiders own 4.40% of the company’s stock.

About Hollywood Bowl Group

Hollywood Bowl Group plc operates ten-pin bowling and mini-golf centers in the United Kingdom. The company also supplies and installs bowling equipment. It operates centers under the Hollywood Bowl, Puttstars, and Splitsville brands. The company was incorporated in 2016 and is based in Hemel Hempstead, the United Kingdom.