On the Beach Group plc (LON:OTB - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 269 ($3.58) and last traded at GBX 265.50 ($3.53), with a volume of 571891 shares changing hands. The stock had previously closed at GBX 266.50 ($3.54).
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a "buy" rating on shares of On the Beach Group in a research report on Tuesday, February 25th.
Check Out Our Latest Stock Analysis on On the Beach Group
On the Beach Group Stock Performance
The firm has a fifty day moving average of GBX 236.26 and a 200-day moving average of GBX 218. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 1.53. The firm has a market cap of £423.78 million, a P/E ratio of 28.52, a PEG ratio of 0.71 and a beta of 2.42.
On the Beach Group Increases Dividend
The firm also recently announced a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Thursday, January 30th were paid a GBX 2.10 ($0.03) dividend. This represents a dividend yield of 1.02%. The ex-dividend date was Thursday, January 30th. This is a positive change from On the Beach Group's previous dividend of $0.90. On the Beach Group's dividend payout ratio (DPR) is 10.93%.
Insider Buying and Selling
In related news, insider Shaun Morton acquired 765 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The stock was acquired at an average cost of GBX 235 ($3.13) per share, with a total value of £1,797.75 ($2,390.94). 10.69% of the stock is currently owned by insiders.
About On the Beach Group
(
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On the Beach is one of the UK's largest online package holiday specialists with significant opportunities for growth. Founded in 2004 and listed on the London Stock Exchange in 2015, today over 1.7 million customers find, book and enjoy their perfect package holiday with us every single year.
Our innovative technology, low-cost base and strong customer-value proposition provides a structural challenge to legacy tour operators and online travel agents, as we continue disrupting the market.
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