On the Beach Group’s (OTB) “Buy” Rating Reaffirmed at Shore Capital

On the Beach Group (LON:OTB)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a research note issued on Tuesday,Digital Look reports.

On the Beach Group Stock Performance

LON:OTB traded up GBX 2 ($0.03) during mid-day trading on Tuesday, reaching GBX 239.50 ($3.02). The stock had a trading volume of 2,130,867 shares, compared to its average volume of 926,805. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.83 and a current ratio of 1.37. The firm has a market capitalization of £388.87 million, a price-to-earnings ratio of 26.17, a PEG ratio of 0.71 and a beta of 2.42. On the Beach Group has a twelve month low of GBX 127.75 ($1.61) and a twelve month high of GBX 265.50 ($3.35). The business has a 50 day simple moving average of GBX 248.33 and a 200 day simple moving average of GBX 188.97.

On the Beach Group (LON:OTB) last announced its quarterly earnings data 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 8.66% and a return on equity of 8.73%. On average, analysts expect that On the Beach Group will post 17.3349938 earnings per share for the current fiscal year.

Insider Activity

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 stock was acquired at an average cost of GBX 228 ($2.88) per share, with a total value of £6,840,000 ($8,632,004.04). Also, insider Shaun Morton bought 12,013 shares of the stock in a transaction on Tuesday, December 3rd. The stock was purchased at an average cost of GBX 209 ($2.64) per share, with a total value of £25,107.17 ($31,684.97). Insiders own 10.69% of the company’s stock.

About On the Beach Group

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.

We were one of the first online travel agents in the UK to offer complete financial protection, meaning every flight-inclusive package holiday we sell is ATOL-protected, giving our customers confidence and peace of mind.