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 that occurred on Tuesday, December 3rd. The shares were acquired at an average price of GBX 209 ($2.67) per share, with a total value of £25,107.17 ($32,036.71).

On the Beach Group Stock Performance

Shares of LON OTB opened at GBX 234 ($2.99) on Friday. On the Beach Group plc has a one year low of GBX 127.75 ($1.63) and a one year high of GBX 236 ($3.01). The company has a current ratio of 1.20, a quick ratio of 0.83 and a debt-to-equity ratio of 34.49. The business has a fifty day simple moving average of GBX 156.09 and a 200 day simple moving average of GBX 148.67. The firm has a market capitalization of £390.76 million, a price-to-earnings ratio of 2,600.00, a PEG ratio of 0.71 and a beta of 2.42.

On the Beach Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, March 4th. Investors of record on Thursday, January 30th will be paid a GBX 2.10 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, January 30th. This represents a yield of 1.02%. This is a boost from On the Beach Group’s previous dividend of $0.90. On the Beach Group’s payout ratio is presently 1,111.11%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on OTB shares. Shore Capital reiterated a “buy” rating on shares of On the Beach Group in a report on Wednesday. Berenberg Bank reissued a “buy” rating and issued a GBX 180 ($2.30) price target on shares of On the Beach Group in a report on Tuesday, October 15th. Finally, Canaccord Genuity Group dropped their price objective on shares of On the Beach Group from GBX 220 ($2.81) to GBX 187 ($2.39) and set a “buy” rating on the stock 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.