On the Beach Group plc (LON:OTB) Insider Sells £59,799.48 in Stock

On the Beach Group plc (LON:OTB) insider Richard Pennycook sold 38,333 shares of the firm’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of GBX 156 ($1.97), for a total transaction of £59,799.48 ($75,571.19).

On the Beach Group Stock Performance

Shares of OTB stock opened at GBX 165.20 ($2.09) on Friday. On the Beach Group plc has a 12-month low of GBX 81.24 ($1.03) and a 12-month high of GBX 181.60 ($2.29). The business’s fifty day simple moving average is GBX 150.10 and its 200-day simple moving average is GBX 134.67. The company has a current ratio of 1.33, a quick ratio of 0.83 and a debt-to-equity ratio of 2.68. The company has a market cap of £275.78 million, a PE ratio of 2,753.33, a PEG ratio of 0.71 and a beta of 2.36.

Analysts Set New Price Targets

OTB has been the topic of a number of recent research reports. Redburn Partners upgraded shares of On the Beach Group to a “buy” rating and set a GBX 240 ($3.03) price objective on the stock in a research note on Thursday, March 21st. Shore Capital restated a “buy” rating on shares of On the Beach Group in a research note on Wednesday, February 21st.

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.