On the Beach Group (LON:OTB) Share Price Crosses Above 50-Day Moving Average of $152.27

Shares of On the Beach Group plc (LON:OTB) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 152.27 ($1.90) and traded as high as GBX 153.80 ($1.91). On the Beach Group shares last traded at GBX 153.40 ($1.91), with a volume of 189,551 shares.

Analyst Ratings Changes

OTB has been the subject of several recent analyst reports. Shore Capital restated a “buy” rating on shares of On the Beach Group in a research note on Wednesday, February 21st. Redburn Partners upgraded On the Beach Group to a “buy” rating and set a GBX 240 ($2.99) price target for the company in a research note on Thursday, March 21st.

On the Beach Group Stock Down 0.6 %

The company has a 50 day moving average price of GBX 152.27 and a two-hundred day moving average price of GBX 140.38. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.33 and a quick ratio of 0.83. The stock has a market cap of £256.09 million, a PE ratio of 2,556.67, a PEG ratio of 0.71 and a beta of 2.36.

Insider Activity at On the Beach Group

In related news, insider Richard Pennycook sold 38,333 shares of the company’s stock in a transaction on Monday, March 25th. The stock was sold at an average price of GBX 156 ($1.94), for a total transaction of £59,799.48 ($74,442.28). 10.84% of the stock is owned by company insiders.

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.