On the Beach Group plc (LON:OTB - Get Free Report) shares fell 6.5% during trading on Friday . The company traded as low as GBX 264.50 ($3.59) and last traded at GBX 267.75 ($3.63). 1,827,312 shares were traded during trading, an increase of 116% from the average session volume of 846,599 shares. The stock had previously closed at GBX 286.50 ($3.89).
Wall Street Analyst Weigh In
Separately, Shore Capital reissued a "buy" rating on shares of On the Beach Group in a research report on Tuesday, February 25th.
Read Our Latest Analysis on On the Beach Group
On the Beach Group Stock Up 1.2%
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 stock has a 50-day simple moving average of GBX 262.03 and a 200-day simple moving average of GBX 246.44. The firm has a market capitalization of £430.36 million, a PE ratio of 28.96, a P/E/G ratio of 0.71 and a beta of 2.42.
On the Beach Group (LON:OTB - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported GBX 3.70 ($0.05) earnings per share for the quarter. On the Beach Group had a net margin of 8.66% and a return on equity of 8.73%. Analysts forecast that On the Beach Group plc will post 17.3349938 EPS for the current year.
Insider Transactions at On the Beach Group
In other news, insider Shaun Morton purchased 676 shares of the company's stock in a transaction on Tuesday, April 22nd. The stock was purchased at an average price of GBX 266 ($3.61) per share, with a total value of £1,798.16 ($2,440.17). Insiders own 10.69% of the company's stock.
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.
Featured Stories
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
