How Analysts Feel About Hollywood Bowl Group PLC After Reaching All-Time Low?

 How Analysts Feel About Hollywood Bowl Group PLC After Reaching All Time Low?

The stock of Hollywood Bowl Group PLC (LON:BOWL) reached all time low today, Oct, 28 and still has GBX 145.86 target or 12.00% below today’s GBX 165.75 share price. This indicates more downside for the GBX 251.45M company. This technical setup was reported by If the GBX 145.86 PT is reached, the company will be worth GBX 30.17 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. The stock decreased 0.82% or GBX 1.38 on October 28, hitting GBX 165.75. About 1.20 million shares traded hands or 54.14% up from the average. Hollywood Bowl Group PLC (LON:BOWL) has risen 6.00% since September 28, 2016 and is uptrending. It has outperformed by 1.29% the S&P500.

Another recent and important Hollywood Bowl Group PLC (LON:BOWL) news was published by which published an article titled: “BRIEF-Hollywood Bowl Group sets IPO offer price at 160 pence per share” on September 16, 2016.

Hollywood Bowl Group plc is a United Kingdom ten-pin bowling operator. The company has a market cap of 251.45 million GBP. The Firm is engaged in operating various bowling centers, located on out of town multi-use leisure parks and retail parks, with all of the centers being occupied by the Company on a leasehold basis. It has a 40.65 P/E ratio. The Company’s centers are designed to offer a family entertainment experience with each center offering over 16 bowling lanes, on-site dining, licensed bars and family games arcades.

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