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On the Beach Group (LON:OTB) Shares Down 5.4% - Time to Sell?

On the Beach Group logo with Consumer Cyclical background

Key Points

  • On the Beach Group plc shares fell 5.4% during trading, with the stock last trading at GBX 270.50 ($3.63), down from a previous close of GBX 286 ($3.84).
  • Insiders made recent acquisitions, with Victoria Self and Justine Greening buying 3,500 and 7,483 shares respectively, indicating confidence in the company's future.
  • The company has a market capitalization of £430.30 million and operates as one of the UK's largest online package holiday specialists, serving over 1.7 million customers annually.
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On the Beach Group plc (LON:OTB - Get Free Report)'s stock price dropped 5.4% during trading on Friday . The stock traded as low as GBX 259.90 ($3.51) and last traded at GBX 270.50 ($3.65). Approximately 2,048,802 shares were traded during mid-day trading, an increase of 179% from the average daily volume of 733,833 shares. The stock had previously closed at GBX 286 ($3.86).

On the Beach Group Stock Performance

The firm has a market cap of £423.26 million, a P/E ratio of 2,940.22, a price-to-earnings-growth ratio of 0.71 and a beta of 2.42. The firm's fifty day moving average price is GBX 282.88 and its 200 day moving average price is GBX 261.86. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.83 and a current ratio of 1.37.

Insiders Place Their Bets

In related news, insider Justine Greening bought 7,483 shares of the stock in a transaction on Friday, June 13th. The stock was bought at an average price of GBX 265 per share, for a total transaction of £19,829.95. Also, insider Victoria Self bought 3,500 shares of the stock in a transaction on Monday, June 16th. The shares were bought at an average price of GBX 266 per share, with a total value of £9,310. 8.34% of the stock is owned by corporate insiders.

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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