On the Beach Group (LON:OTB) Stock Passes Below Fifty Day Moving Average - Time to 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) passed 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 changing hands.

On the Beach Group Stock Performance

The firm has a market cap of £419.91 million, a PE ratio of 28.26, a price-to-earnings-growth ratio of 0.71 and a beta of 2.42. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 1.53. The business has a 50 day simple moving average of GBX 278.86 and a two-hundred day simple moving average of GBX 257.88.

On the Beach Group (LON:OTB - Get Free Report) last announced its quarterly 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, equities research analysts forecast that On the Beach Group plc will post 17.3349938 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Justine Greening acquired 7,483 shares of the company's 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 ($26,366.11). Also, insider Victoria Self acquired 3,500 shares of the company's stock in a transaction that occurred on Monday, June 16th. The shares were bought at an average cost of GBX 266 ($3.54) per share, for a total transaction of £9,310 ($12,378.67). Insiders own 10.69% of the company's stock.

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.