Shares of On the Beach Group plc (LON:OTB - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 269 ($3.59) and last traded at GBX 265.50 ($3.54), with a volume of 571891 shares. The stock had previously closed at GBX 266.50 ($3.55).
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a "buy" rating on shares of On the Beach Group in a report on Tuesday, February 25th.
Check Out Our Latest Stock Analysis on OTB
On the Beach Group Trading Down 1.1 %
The business's 50-day moving average price is GBX 236.08 and its 200-day moving average price is GBX 216.71. The firm has a market capitalization of £423.78 million, a PE ratio of 28.52, a price-to-earnings-growth ratio of 0.71 and a beta of 2.42. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.37 and a quick ratio of 0.83.
On the Beach Group Increases Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Thursday, January 30th were paid a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date was Thursday, January 30th. This is an increase from On the Beach Group's previous dividend of $0.90. This represents a yield of 1.02%. On the Beach Group's dividend payout ratio is currently 10.93%.
Insider Buying and Selling at On the Beach Group
In related news, insider Shaun Morton sold 45,054 shares of the business's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of GBX 228 ($3.04), for a total transaction of £102,723.12 ($137,018.97). Company insiders own 10.69% of the company's stock.
About On the Beach Group
(
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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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