Shares of On the Beach Group plc (LON:OTB - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 242.51 ($3.13) and traded as low as GBX 230.50 ($2.98). On the Beach Group shares last traded at GBX 232.62 ($3.00), with a volume of 7,879,231 shares trading hands.
Analyst Ratings Changes
Separately, Shore Capital restated a "buy" rating on shares of On the Beach Group in a research note on Tuesday, February 25th.
Check Out Our Latest Research Report on OTB
On the Beach Group Price Performance
The business has a 50 day moving average price of GBX 242.40 and a two-hundred day moving average price of GBX 199.70. The stock has a market cap of £384.81 million, a PE ratio of 25.90, a P/E/G ratio of 0.71 and a beta of 2.42. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.83 and a current ratio of 1.37.
On the Beach Group Increases Dividend
The firm also recently announced a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Thursday, January 30th were paid a GBX 2.10 ($0.03) dividend. This represents a dividend yield of 1.02%. The ex-dividend date was Thursday, January 30th. This is an increase from On the Beach Group's previous dividend of $0.90. On the Beach Group's payout ratio is presently 10.93%.
Insider Transactions at On the Beach Group
In related news, insider Shaun Morton sold 45,054 shares of On the Beach Group stock in a transaction dated Monday, March 10th. The stock was sold at an average price of GBX 228 ($2.94), for a total value of £102,723.12 ($132,631.53). Company insiders own 10.69% of the company's stock.
On the Beach Group Company Profile
(
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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.
Further Reading
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