On the Beach Group plc (LON:OTB - Get Free Report)'s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 177.01 ($2.22) and traded as high as GBX 246 ($3.09). On the Beach Group shares last traded at GBX 245 ($3.07), with a volume of 294,722 shares traded.
Analyst Ratings Changes
A number of research firms recently commented on OTB. Canaccord Genuity Group decreased their target price on shares of On the Beach Group from GBX 220 ($2.76) to GBX 187 ($2.35) and set a "buy" rating for the company in a research report on Wednesday, October 16th. Shore Capital reaffirmed a "buy" rating on shares of On the Beach Group in a research report on Wednesday, December 4th. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 180 ($2.26) price objective on shares of On the Beach Group in a research report on Tuesday, October 15th.
Check Out Our Latest Stock Analysis on OTB
On the Beach Group Trading Up 0.6 %
The company's fifty day moving average price is GBX 178.82 and its 200-day moving average price is GBX 156.90. The stock has a market cap of £409.13 million, a price-to-earnings ratio of 2,722.22, a P/E/G ratio of 0.71 and a beta of 2.42. The company has a debt-to-equity ratio of 34.49, a current ratio of 1.20 and a quick ratio of 0.83.
On the Beach Group Increases Dividend
The business also recently declared a dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Thursday, January 30th will be paid a dividend of GBX 2.10 ($0.03) per share. This is a positive change from On the Beach Group's previous dividend of $0.90. The ex-dividend date is Thursday, January 30th. This represents a yield of 1.02%. On the Beach Group's dividend payout ratio is presently 1,111.11%.
Insider Transactions at On the Beach Group
In other On the Beach Group news, insider Simon Cooper acquired 3,000,000 shares of the company's stock in a transaction dated Thursday, December 12th. The shares were acquired at an average cost of GBX 228 ($2.86) per share, with a total value of £6,840,000 ($8,578,953.97). Also, insider Shaun Morton acquired 12,013 shares of the business's stock in a transaction dated Tuesday, December 3rd. The stock was acquired at an average price of GBX 209 ($2.62) per share, for a total transaction of £25,107.17 ($31,490.24). Insiders own 10.69% of the company's stock.
On the Beach Group Company Profile
(
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On the Beach Group plc operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom. It operates through three segments: OTB, CCH, and CPH. The company provides its services through onthebeach.co.uk, sunshine.co.uk, and onthebeachtransfers.co.uk websites in the United Kingdom.
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