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

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

On the Beach Group Stock Performance

Shares of LON:OTB opened at GBX 206 ($2.61) on Wednesday. The company 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. On the Beach Group plc has a one year low of GBX 114.40 ($1.45) and a one year high of GBX 215.50 ($2.73). The business’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 quick ratio of 0.83 and a current ratio of 1.20.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Canaccord Genuity Group cut their price target on shares of On the Beach Group from GBX 220 ($2.79) to GBX 187 ($2.37) and set a “buy” rating on the stock in a report on Wednesday, October 16th. Berenberg Bank reissued a “buy” rating and issued a GBX 180 ($2.28) target price on shares of On the Beach Group in a research note on Tuesday, October 15th.

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.