On the Beach Group plc (LON:OTB - Get Free Report) fell 6.5% on Thursday . The company traded as low as GBX 264.50 ($3.60) and last traded at GBX 267.75 ($3.65). 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 ($3.90).
Analysts Set New Price Targets
Separately, Shore Capital restated a "buy" rating on shares of On the Beach Group in a research report on Tuesday, February 25th.
Check Out Our Latest Report on OTB
On the Beach Group Stock Down 1.5%
The firm has a market cap of £425.40 million, a PE ratio of 28.63, a P/E/G 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 firm's 50 day moving average is GBX 260.39 and its 200-day moving average is GBX 243.94.
On the Beach Group (LON:OTB - Get Free Report) last issued 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 expect that On the Beach Group plc will post 17.3349938 earnings per share for the current fiscal year.
Insider Buying and Selling
In other On the Beach Group news, insider Shaun Morton purchased 765 shares of On the Beach Group stock in a transaction on Thursday, March 20th. The shares were purchased at an average cost of GBX 235 ($3.20) per share, with a total value of £1,797.75 ($2,447.58). 10.69% of the stock is currently owned by company insiders.
On the Beach Group Company Profile
(
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
Before you consider On the Beach Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and On the Beach Group wasn't on the list.
While On the Beach Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
