On the Beach Group (LON:OTB) Shares Down 20.4% - Should You Sell?

Key Points

• On the Beach Group's stock experienced a significant drop of 20.4% on Thursday, closing at GBX 205 ($2.76), down from GBX 257.50 ($3.46).
• The trading volume surged to 60.2 million shares, marking an increase of 5,522% compared to its average session volume of 1.1 million shares.
• With a market cap of £337.26 million and a price-to-earnings ratio of 2,342.83, the company is facing significant challenges despite being one of the UK's largest online package holiday specialists.

On the Beach Group plc (LON:OTB - )'s stock price fell 20.4% on Thursday . The company traded as low as GBX 203 ($2.73) and last traded at GBX 205 ($2.76). 60,220,715 shares were traded during trading, an increase of 5,522% from the average session volume of 1,071,135 shares. The stock had previously closed at GBX 257.50 ($3.46).

On the Beach Group Stock Performance

The stock has a market cap of £337.26 million, a price-to-earnings ratio of 2,342.83, a PEG ratio of 0.71 and a beta of 2.42. The stock's 50 day moving average is GBX 273.48 and its two-hundred day moving average is GBX 264.44. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 1.53.

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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