On the Beach Group (LON:OTB) Stock Price Down 20.4% - What's Next?

Key Points

• On the Beach Group's stock price declined by 20.4%, closing at GBX 205 ($2.77), significantly below its previous close of GBX 257.50 ($3.48).
• The company experienced an extraordinary trading volume increase of 5,522%, with over 60 million shares traded during the session.
• On the Beach Group holds a market cap of £320.77 million, accompanied by high valuation metrics including a PE ratio of 2,228.26.

On the Beach Group plc (LON:OTB - )'s stock price traded down 20.4% on Wednesday . The company traded as low as GBX 203 ($2.75) and last traded at GBX 205 ($2.77). 60,220,715 shares changed hands during mid-day trading, an increase of 5,522% from the average session volume of 1,071,135 shares. The stock had previously closed at GBX 257.50 ($3.48).

On the Beach Group Trading Down 20.4%

The stock has a 50-day simple moving average of GBX 275.28 and a two-hundred day simple moving average of GBX 264.85. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.83 and a current ratio of 1.37. The firm has a market cap of £320.77 million, a PE ratio of 2,228.26, a price-to-earnings-growth ratio of 0.71 and a beta of 2.42.

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.

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