On the Beach Group (LON:OTB) Trading Down 14.5% – Time to Sell?

On the Beach Group plc (LON:OTB) shares fell 14.5% on Tuesday . The company traded as low as GBX 141 and last traded at GBX 145. 17,065,641 shares were traded during trading, an increase of 1,086% from the average session volume of 1,439,287 shares. The stock had previously closed at GBX 169.60.

Analyst Ratings Changes

A number of research firms have recently weighed in on OTB. Shore Capital Group reaffirmed a “hold” rating on shares of On the Beach Group in a report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 345 price target on shares of On the Beach Group in a report on Thursday, April 9th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 330 price target on shares of On the Beach Group in a report on Monday, January 19th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 308.

On the Beach Group Stock Performance

The stock has a market cap of £206.34 million, a P/E ratio of 9.43, a PEG ratio of 0.71 and a beta of 1.35. The company has a fifty day moving average of GBX 172.75 and a 200 day moving average of GBX 198.58. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.28 and a quick ratio of 0.83.

On the Beach Group (LON:OTB) last announced its earnings results on Tuesday, May 12th. The company reported GBX 1.20 EPS for the quarter. On the Beach Group had a return on equity of 5.43% and a net margin of 7.08%.The firm had revenue of GBX 5,220 million for the quarter. On average, equities analysts predict that On the Beach Group plc will post 17.3349938 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Shaun Morton bought 991 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The shares were purchased at an average price of GBX 185 per share, with a total value of £1,833.35. 9.03% of the stock is currently owned by insiders.

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. Our model is customer-centric, asset light, profitable and cash generative.