On the Beach Group (OTCMKTS:OOBHF) Trading Down 23.2% – What’s Next?

On the Beach Group plc (OTCMKTS:OOBHF) fell 23.2% during mid-day trading on Tuesday . The company traded as low as $3.15 and last traded at $3.15. 550 shares changed hands during trading, a decline of 97% from the average session volume of 19,533 shares. The stock had previously closed at $4.0997.

Wall Street Analyst Weigh In

Several research firms have weighed in on OOBHF. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of On the Beach Group in a report on Wednesday, December 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of On the Beach Group in a research note on Thursday, September 25th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy”.

On the Beach Group Stock Down 23.2%

The company’s fifty day moving average price is $2.81 and its two-hundred day moving average price is $3.34.

On the Beach Group Company Profile

On the Beach Group plc is a UK-based online travel company specialising in short-haul beach holiday packages. Through its proprietary booking platform, the company offers dynamically packaged flight and hotel combinations to popular Mediterranean and Canary Islands destinations. By partnering with a range of airline and hotel suppliers, On the Beach Group seeks to secure competitive pricing and flexible itineraries, catering to individual and family leisure travellers.

Founded in 2004 and headquartered in Liverpool, On the Beach Group initially focused on the UK market before expanding its operations across Ireland, Sweden, Norway and Germany.