On the Beach Group (LON:OTB) Shares Down 13.8% - Should You Sell?

Key Points

• On the Beach Group plc's shares declined by 13.8% during trading, dropping from a previous close of GBX 257.50 ($3.48) to GBX 221.88 ($3.00).
• A significant increase in trading volume was observed, with 19,565,066 shares exchanged, which represents a 2,198% rise from the average session volume of 851,375 shares.
• The company has a market capitalization of £338.83 million and a price-to-earnings ratio of 2,353.70, indicating potential challenges in its financial performance.

On the Beach Group plc (LON:OTB - ) shares traded down 13.8% during trading on Wednesday . The stock traded as low as GBX 206 ($2.79) and last traded at GBX 221.88 ($3.00). 19,565,066 shares traded hands during trading, an increase of 2,198% from the average session volume of 851,375 shares. The stock had previously closed at GBX 257.50 ($3.48).

On the Beach Group Price Performance

The stock has a market capitalization of £338.83 million, a price-to-earnings ratio of 2,353.70, a P/E/G ratio of 0.71 and a beta of 2.42. The company has a fifty day simple moving average of GBX 275.28 and a 200 day simple moving average of GBX 264.85. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.83 and a current ratio of 1.37.

On the Beach Group Company Profile

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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