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On the Beach Group (LON:OTB) Trading Down 14.8% - Here's Why

On the Beach Group logo with Consumer Cyclical background

Key Points

  • On the Beach Group shares fell by 14.8% on Wednesday, trading as low as GBX 206 ($2.79) before closing at GBX 219.50 ($2.97).
  • The trading volume soared to approximately 21.15 million shares, a 2,360% increase compared to the average daily volume of 859,972 shares.
  • The company, a leading online package holiday specialist in the UK, has a market cap of £343.46 million and demonstrates potential for growth despite recent stock performance.
  • Interested in On the Beach Group? Here are five stocks we like better.

On the Beach Group plc (LON:OTB - Get Free Report) shares were down 14.8% on Wednesday . The company traded as low as GBX 206 ($2.79) and last traded at GBX 219.50 ($2.97). Approximately 21,155,459 shares were traded during mid-day trading, an increase of 2,360% from the average daily volume of 859,972 shares. The stock had previously closed at GBX 257.50 ($3.48).

On the Beach Group Price Performance

The stock has a market cap of £343.46 million, a PE ratio of 2,385.87, a P/E/G ratio of 0.71 and a beta of 2.42. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 1.53. The company's 50 day moving average is GBX 275.28 and its 200-day moving average is GBX 264.85.

About On the Beach Group

(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.

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