On the Beach Group plc (LON:OTB - Get Free Report) shares fell 6.5% during mid-day trading on Thursday . The stock traded as low as GBX 264.50 ($3.60) and last traded at GBX 267.75 ($3.65). 1,827,312 shares traded hands during mid-day trading, an increase of 116% from the average session volume of 846,599 shares. The stock had previously closed at GBX 286.50 ($3.90).
Analysts Set New Price Targets
Separately, Shore Capital reiterated a "buy" rating on shares of On the Beach Group in a report on Tuesday, February 25th.
Get Our Latest Stock Report on On the Beach Group
On the Beach Group Stock Performance
The company's fifty day simple moving average is GBX 260.39 and its two-hundred day simple moving average is GBX 243.94. The stock has a market cap of £425.40 million, a price-to-earnings ratio of 28.63, a P/E/G ratio of 0.71 and a beta of 2.42. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.37 and a quick ratio of 0.83.
On the Beach Group (LON:OTB - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The company reported GBX 3.70 ($0.05) EPS for the quarter. On the Beach Group had a net margin of 8.66% and a return on equity of 8.73%. On average, analysts forecast that On the Beach Group plc will post 17.3349938 earnings per share for the current year.
Insider Buying and Selling
In other On the Beach Group news, insider Shaun Morton acquired 765 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average cost of GBX 235 ($3.20) per share, with a total value of £1,797.75 ($2,447.58). 10.69% of the stock is owned by corporate insiders.
On the Beach Group Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider On the Beach Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and On the Beach Group wasn't on the list.
While On the Beach Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
