OnTheMarket (LON:OTMP) Shares Down 7.6%
OnTheMarket plc (LON:OTMP) shares were down 7.6% on Tuesday . The company traded as low as GBX 75 ($0.92) and last traded at GBX 79.50 ($0.98), approximately 28,072 shares changed hands during mid-day trading. The stock had previously closed at GBX 86 ($1.06).
Separately, Shore Capital restated a “house stock” rating on shares of OnTheMarket in a research note on Friday, June 5th.
The business’s 50 day moving average price is GBX 59.48 and its two-hundred day moving average price is GBX 62.28. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 2.38. The company has a market capitalization of $56.59 million and a price-to-earnings ratio of -4.42.
OnTheMarket plc provides property search services for buyers, sellers, landlords, and tenants in the United Kingdom. It owns and operates online residential property portal on OnTheMarket.com that offers property for sale and rent, finds agents, student accommodation, farms, estates and land, and property valuation.
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