On the Beach Group plc (LON:OTB - Get Free Report)'s stock price fell 6.5% during trading on Thursday . The stock traded as low as GBX 264.50 ($3.59) and last traded at GBX 267.75 ($3.63). 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 ($3.89).
Analysts Set New Price Targets
Separately, Shore Capital reissued a "buy" rating on shares of On the Beach Group in a research report on Tuesday, February 25th.
Read Our Latest Analysis on OTB
On the Beach Group Stock Down 1.5%
The company has a market capitalization 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 firm has a 50 day moving average price of GBX 261.18 and a two-hundred day moving average price of GBX 244.61. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 1.53.
On the Beach Group (LON:OTB - Get Free Report) last posted 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 return on equity of 8.73% and a net margin of 8.66%. As a group, sell-side analysts expect that On the Beach Group plc will post 17.3349938 earnings per share for the current year.
Insider Buying and Selling at On the Beach Group
In related news, insider Shaun Morton bought 765 shares of the firm's stock in a transaction on Thursday, March 20th. The stock was bought at an average cost of GBX 235 ($3.19) per share, for a total transaction of £1,797.75 ($2,439.28). 10.69% of the stock is currently owned by insiders.
About On the Beach Group
(
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
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