On the Beach Group plc (LON:OTB) Insider Sells £102,723.12 in Stock

On the Beach Group plc (LON:OTB) insider Shaun Morton sold 45,054 shares of the stock in a transaction on Monday, March 10th. The shares were sold at an average price of GBX 228 ($2.95), for a total value of £102,723.12 ($132,992.13).

On the Beach Group Stock Performance

Shares of OTB opened at GBX 229 ($2.96) on Wednesday. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 1.53. On the Beach Group plc has a 52 week low of GBX 127.75 ($1.65) and a 52 week high of GBX 265.50 ($3.44). The stock has a market cap of £371.82 million, a price-to-earnings ratio of 25.02, a PEG ratio of 0.71 and a beta of 2.42. The business has a 50-day simple moving average of GBX 244.67 and a two-hundred day simple moving average of GBX 195.35.

On the Beach Group Increases Dividend

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

Wall Street Analyst Weigh In

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

On the Beach Group Company Profile

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.

We were one of the first online travel agents in the UK to offer complete financial protection, meaning every flight-inclusive package holiday we sell is ATOL-protected, giving our customers confidence and peace of mind.