On the Beach Group (LON:OTB) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

Key Points

• On the Beach Group's shares have fallen below their 50-day moving average, trading at GBX 260.58 ($3.46), indicating a potential decline in stock performance.
• The company reported a quarterly earnings per share (EPS) of GBX 3.70 ($0.05) with a net margin of 8.66% and a return on equity of 8.73%.
• Insiders have been purchasing shares, with Justine Greening acquiring 7,483 shares at an average price of GBX 265 ($3.52), suggesting potential confidence in the company's future.

On the Beach Group plc (LON:OTB - Get Free Report)'s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 278.86 ($3.71) and traded as low as GBX 260.10 ($3.46). On the Beach Group shares last traded at GBX 260.58 ($3.46), with a volume of 507,504 shares.

On the Beach Group Trading Down 1.0%

The business has a 50 day moving average of GBX 278.86 and a 200 day moving average of GBX 257.83. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.37 and a quick ratio of 0.83. The firm has a market capitalization of £419.07 million, a price-to-earnings ratio of 28.20, a PEG ratio of 0.71 and a beta of 2.42.

On the Beach Group (LON:OTB - Get Free Report) last released its earnings results on Tuesday, May 13th. The company reported GBX 3.70 ($0.05) earnings per share (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, research analysts predict that On the Beach Group plc will post 17.3349938 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Justine Greening purchased 7,483 shares of the stock in a transaction that occurred on Friday, June 13th. The shares were bought at an average price of GBX 265 ($3.52) per share, with a total value of £19,829.95 ($26,355.60). Also, insider Victoria Self acquired 3,500 shares of the company's stock in a transaction dated Monday, June 16th. The shares were bought at an average cost of GBX 266 ($3.54) per share, with a total value of £9,310 ($12,373.74). Insiders own 10.69% of the company's stock.

About On the Beach Group

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.