On the Beach Group plc (LON:OTB) Insider Shaun Morton Acquires 765 Shares

On the Beach Group plc (LON:OTB) insider Shaun Morton purchased 765 shares of the business’s stock in a transaction dated Thursday, March 20th. The shares were purchased at an average cost of GBX 235 ($3.03) per share, for a total transaction of £1,797.75 ($2,321.17).

Shaun Morton also recently made the following trade(s):

• On Monday, March 10th, Shaun Morton sold 45,054 shares of On the Beach Group stock. The shares were sold at an average price of GBX 228 ($2.94), for a total value of £102,723.12 ($132,631.53).

On the Beach Group Trading Up 2.2 %

LON:OTB opened at GBX 237 ($3.06) on Friday. On the Beach Group plc has a 1-year low of GBX 127.75 ($1.65) and a 1-year high of GBX 265.50 ($3.43). The business’s 50-day moving average price is GBX 242.40 and its two-hundred day moving average price is GBX 199.70. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 1.53. The firm has a market capitalization of £384.81 million, a price-to-earnings ratio of 25.90, a PEG ratio of 0.71 and a beta of 2.42.

On the Beach Group Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Thursday, January 30th were given a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date of this dividend was Thursday, January 30th. This represents a dividend yield of 1.02%. This is a positive change from On the Beach Group’s previous dividend of $0.90. On the Beach Group’s dividend payout ratio (DPR) is currently 10.93%.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of On the Beach Group in a research note on Tuesday, February 25th.

On the Beach Group Company Profile

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.