Richard Pennycook Sells 38,333 Shares of On the Beach Group plc (LON:OTB) Stock

On the Beach Group plc (LON:OTB) insider Richard Pennycook sold 38,333 shares of the business’s stock in a transaction that occurred on Monday, March 25th. The stock was 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 Trading Up 1.5 %

Shares of On the Beach Group stock opened at GBX 165.20 ($2.09) on Friday. The stock has a market capitalization of £275.78 million, a PE ratio of 2,753.33, a price-to-earnings-growth ratio of 0.71 and a beta of 2.36. On the Beach Group plc has a 52 week low of GBX 81.24 ($1.03) and a 52 week high of GBX 181.60 ($2.29). The stock has a 50 day moving average price of GBX 150.10 and a two-hundred day moving average price of GBX 134.67. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.83 and a current ratio of 1.33.

Analyst Upgrades and Downgrades

OTB has been the topic of a number of research analyst reports. Redburn Partners raised shares of On the Beach Group to a “buy” rating and set a GBX 240 ($3.03) price target on the stock in a research report on Thursday, March 21st. Shore Capital reiterated a “buy” rating on shares of On the Beach Group in a research report 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.