OnTheMarket plc (LON:OTMP – Get Free Report)’s stock price fell 0.9% during mid-day trading on Friday . The stock traded as low as GBX 53 ($0.67) and last traded at GBX 53 ($0.67). 4,010 shares traded hands during trading, a decline of 95% from the average session volume of 80,117 shares. The stock had previously closed at GBX 53.50 ($0.67).
Wall Street Analyst Weigh In
Separately, Shore Capital restated a “house stock” rating on shares of OnTheMarket in a report on Monday, July 10th.
OnTheMarket Stock Performance
Insider Activity at OnTheMarket
In other news, insider Jason Tebb acquired 18,180 shares of the firm’s stock in a transaction on Wednesday, July 19th. The shares were purchased at an average cost of GBX 55 ($0.69) per share, with a total value of £9,999 ($12,604.31). 43.78% of the stock is currently owned by insiders.
OnTheMarket Company Profile
OnTheMarket plc provides online property portal services to businesses in the estate and lettings agency industry in the United Kingdom. The company operates OnTheMarket.com website and apps, which is a property search platform for property seekers. It also offers OnTheMarket Software that includes TecLet, an automated pre-tenancy and property management platform; TecCRM, which allows agents to manage prospecting and marketing for securing and managing new business for sales and letting; TecHub that allows consumers to transact directly with the platforms to bring automation and 24/7 transacting to agency businesses; and TecWeb, which provides agents with an interactive website solution that includes SEO and pay per click services.
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