Shaun Morton Sells 45,054 Shares of On the Beach Group plc (LON:OTB) Stock

On the Beach Group plc (LON:OTB) insider Shaun Morton sold 45,054 shares of On the Beach Group stock in a transaction dated Monday, March 10th. The stock was sold at an average price of GBX 228 ($2.96), for a total value of £102,723.12 ($133,216.34).

On the Beach Group Price Performance

OTB stock opened at GBX 229.50 ($2.98) on Thursday. The stock has a market cap of £372.63 million, a PE ratio of 25.08, a P/E/G ratio of 0.71 and a beta of 2.42. On the Beach Group plc has a 12 month low of GBX 127.75 ($1.66) and a 12 month high of GBX 265.50 ($3.44). The company has a 50-day moving average price of GBX 244.18 and a 200 day moving average price of GBX 195.91. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 1.53.

On the Beach Group Increases Dividend

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

Analyst Upgrades and Downgrades

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.

We were one of the first online travel agents in the UK to offer complete financial protection, meaning every flight-inclusive package holiday we sell is ATOL-protected, giving our customers confidence and peace of mind.