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

On the Beach Group plc (LON:OTB) insider Shaun Morton bought 12,013 shares of the company’s stock in a transaction on Tuesday, December 3rd. The shares were acquired at an average price of GBX 209 ($2.65) per share, with a total value of £25,107.17 ($31,813.44).

On the Beach Group Trading Up 20.0 %

Shares of OTB stock opened at GBX 206 ($2.61) on Wednesday. The firm’s 50-day simple moving average is GBX 152.87 and its 200-day simple moving average is GBX 147.48. 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 plc has a 1-year low of GBX 114.40 ($1.45) and a 1-year high of GBX 215.50 ($2.73). The firm has a market cap of £344.00 million, a P/E ratio of 2,288.89, a PEG ratio of 0.71 and a beta of 2.42.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 180 ($2.28) price objective on shares of On the Beach Group in a research note on Tuesday, October 15th. Canaccord Genuity Group cut their price target on On the Beach Group from GBX 220 ($2.79) to GBX 187 ($2.37) and set a “buy” rating for the company in a 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.