On the Beach Group plc (LON:OTB) Insider Shaun Morton Purchases 676 Shares of Stock

On the Beach Group plc (LON:OTB) insider Shaun Morton purchased 676 shares of On the Beach Group stock in a transaction dated Tuesday, April 22nd. The shares were bought at an average price of GBX 266 ($3.53) per share, with a total value of £1,798.16 ($2,386.41).

Shaun Morton also recently made the following trade(s):

• On Thursday, March 20th, Shaun Morton acquired 765 shares of On the Beach Group stock. The shares were purchased at an average cost of GBX 235 ($3.12) per share, for a total transaction of £1,797.75 ($2,385.87).
• 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 ($3.03), for a total transaction of £102,723.12 ($136,327.96).

On the Beach Group Trading Down 0.2 %

On the Beach Group stock opened at GBX 265 ($3.52) on Thursday. On the Beach Group plc has a one year low of GBX 127.75 ($1.70) and a one year high of GBX 269 ($3.57). The business’s fifty day moving average is GBX 236.01 and its 200 day moving average is GBX 216.38. The stock has a market capitalization of £430.27 million, a PE ratio of 28.96, a price-to-earnings-growth ratio of 0.71 and a beta of 2.42. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.37 and a quick ratio of 0.83.

On the Beach Group Increases Dividend

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

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of On the Beach Group in a research report on Tuesday, February 25th.

About On the Beach Group

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.