On the Beach Group plc (LON:OTB) Insider Shaun Morton Buys 12,013 Shares

On the Beach Group plc (LON:OTB) insider Shaun Morton bought 12,013 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were acquired at an average price of GBX 209 ($2.65) per share, for a total transaction of £25,107.17 ($31,777.21).

On the Beach Group Trading Up 19.9 %

OTB traded up GBX 34.14 ($0.43) during trading on Tuesday, reaching GBX 205.74 ($2.60). 5,233,333 shares of the company’s stock were exchanged, compared to its average volume of 573,311. The company’s fifty day moving average price is GBX 151.65 and its 200-day moving average price is GBX 147. The company has a debt-to-equity ratio of 34.49, a quick ratio of 0.83 and a current ratio of 1.20. The firm has a market capitalization of £343.56 million, a PE ratio of 2,322.22, a P/E/G ratio of 0.71 and a beta of 2.42. On the Beach Group plc has a fifty-two week low of GBX 114.40 ($1.45) and a fifty-two week high of GBX 215.50 ($2.73).

Analyst Upgrades and Downgrades

OTB has been the topic of several recent analyst reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 180 ($2.28) price target on shares of On the Beach Group in a research note on Tuesday, October 15th. Canaccord Genuity Group reduced their target price on shares of On the Beach Group from GBX 220 ($2.78) to GBX 187 ($2.37) and set a “buy” rating on the stock in a research report on Wednesday, October 16th.

About On the Beach Group

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.