On the Beach Group plc (LON:OTB) Insider Acquires £1,797.75 in Stock

On the Beach Group plc (LON:OTB) insider Shaun Morton acquired 765 shares of the firm’s stock in a transaction that occurred on Thursday, March 20th. The shares were purchased at an average price of GBX 235 ($3.03) per share, with a total value 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 stock was 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 Stock Up 2.2 %

OTB stock opened at GBX 237 ($3.06) on Friday. On the Beach Group plc has a twelve month low of GBX 127.75 ($1.65) and a twelve month high of GBX 265.50 ($3.43). The company has a market cap of £384.81 million, a price-to-earnings ratio of 25.90, a P/E/G ratio of 0.71 and a beta of 2.42. The business has a 50 day moving average price of GBX 242.40 and a two-hundred day moving average price of GBX 199.70. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 1.53.

On the Beach Group Increases Dividend

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

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of On the Beach Group in a report 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.