On the Beach Group (LON:OTB) Stock Price Down 18.6% - Should You Sell?

Key Points

• On the Beach Group's stock price has decreased by 18.6%, trading as low as GBX 206 ($2.79) during mid-day trading.
• Trading volume surged to 21.97 million shares, which is an increase of 2,442% compared to the average session volume.
• The company has a market capitalization of £320.77 million and a notably high P/E ratio of 2,228.26.

Shares of On the Beach Group plc (LON:OTB - ) traded down 18.6% during mid-day trading on Wednesday . The stock traded as low as GBX 206 ($2.79) and last traded at GBX 209.54 ($2.83). 21,974,486 shares changed hands during trading, an increase of 2,442% from the average session volume of 864,399 shares. The stock had previously closed at GBX 257.50 ($3.48).

On the Beach Group Price Performance

The company's 50-day moving average price is GBX 275.28 and its 200-day moving average price is GBX 264.85. 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 company has a market cap of £320.77 million, a P/E ratio of 2,228.26, a P/E/G ratio of 0.71 and a beta of 2.42.

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.

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