On the Beach Group (LON:OTB) Stock Crosses Above Fifty Day Moving Average - What's Next?

On the Beach Group plc (LON:OTB - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 221.35 ($2.76) and traded as high as GBX 258.35 ($3.23). On the Beach Group shares last traded at GBX 256.50 ($3.20), with a volume of 526,984 shares changing hands.

Analysts Set New Price Targets

OTB has been the topic of several recent research reports. Berenberg Bank reiterated a "buy" rating and set a GBX 180 ($2.25) target price on shares of On the Beach Group in a research report on Tuesday, October 15th. Shore Capital reissued a "buy" rating on shares of On the Beach Group in a research note on Wednesday, December 4th. Finally, Canaccord Genuity Group lowered their target price on On the Beach Group from GBX 220 ($2.75) to GBX 187 ($2.33) and set a "buy" rating for the company in a research report on Wednesday, October 16th.

On the Beach Group Price Performance

The firm has a market cap of £428.33 million, a P/E ratio of 2,850.00, a P/E/G ratio of 0.71 and a beta of 2.42. The company has a fifty day moving average of GBX 223.34 and a 200-day moving average of GBX 173.58. 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 (LON:OTB - Get Free Report) last posted its earnings results on Tuesday, December 3rd. The company reported GBX 14.10 ($0.18) EPS for the quarter. On the Beach Group had a net margin of 8.65% and a return on equity of 9.78%. On average, sell-side analysts anticipate that On the Beach Group plc will post 17.3349938 EPS for the current fiscal year.

On the Beach Group Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Thursday, January 30th will be paid a dividend of GBX 2.10 ($0.03) per share. This is an increase from On the Beach Group's previous dividend of $0.90. The ex-dividend date of this dividend is Thursday, January 30th. This represents a dividend yield of 1.02%. On the Beach Group's dividend payout ratio is presently 1,111.11%.

Insider Buying and Selling at On the Beach Group

In other On the Beach Group news, insider Shaun Morton acquired 12,013 shares of the business's stock in a transaction dated Tuesday, December 3rd. The stock was bought at an average price of GBX 209 ($2.61) per share, with a total value of £25,107.17 ($31,348.70). Also, insider Simon Cooper purchased 3,000,000 shares of the firm's stock in a transaction dated Thursday, December 12th. The stock was bought at an average cost of GBX 228 ($2.85) per share, for a total transaction of £6,840,000 ($8,540,392.06). Insiders own 10.69% of the company's stock.

On the Beach Group Company Profile

On the Beach is one of the UK's leading online retailers of beach holidays and has a 20%+ share of online sales in the short haul beach holiday market. Our vision is to build Europe's leading beach holiday retailer via a single platform, multi-brand strategy. We're totally focused on making it easy for people to find, book and enjoy their perfect beach holiday. We were one of the first online travel agents in the UK to offer complete financial protection, meaning every flight-inclusive package is ATOL-protected.