On the Beach Group plc (LON:OTB) Insider Buys £25,107.17 in Stock

On the Beach Group plc (LON:OTB) insider Shaun Morton acquired 12,013 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were acquired at an average cost of GBX 209 ($2.66) per share, with a total value of £25,107.17 ($31,902.38).

On the Beach Group Stock Up 1.0 %

Shares of LON OTB opened at GBX 208 ($2.64) on Thursday. The firm has a fifty day moving average of GBX 154.22 and a 200-day moving average of GBX 148. On the Beach Group plc has a 52-week low of GBX 121 ($1.54) and a 52-week high of GBX 216.49 ($2.75). The company has a quick ratio of 0.83, a current ratio of 1.20 and a debt-to-equity ratio of 34.49. The stock has a market capitalization of £347.34 million, a PE ratio of 2,311.11, a P/E/G ratio of 0.71 and a beta of 2.42.

On the Beach Group Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 2.10 ($0.03) per share. This represents a yield of 1.02%. The ex-dividend date of this dividend is Thursday, January 30th. This is an increase from On the Beach Group’s previous dividend of $0.90. On the Beach Group’s payout ratio is 1,111.11%.

Analyst Upgrades and Downgrades

OTB has been the subject of several analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 180 ($2.29) target price on shares of On the Beach Group in a research note on Tuesday, October 15th. Canaccord Genuity Group cut their price objective on shares of On the Beach Group from GBX 220 ($2.80) to GBX 187 ($2.38) and set a “buy” rating for the company in a research report on Wednesday, October 16th. Finally, Shore Capital restated a “buy” rating on shares of On the Beach Group in a research report on Wednesday.

On the Beach Group Company Profile

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.