OneSpaWorld (NASDAQ:OSW) Sets New 52-Week High – Should You Buy?

Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) hit a new 52-week high on Friday . The stock traded as high as $22.42 and last traded at $21.95, with a volume of 308 shares trading hands. The stock had previously closed at $21.84.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Truist Financial lifted their price objective on OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Stifel Nicolaus increased their price objective on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th.

OneSpaWorld Stock Performance

The firm has a market cap of $2.27 billion, a P/E ratio of 44.47 and a beta of 2.10. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The firm has a fifty day moving average of $20.00 and a 200-day moving average of $17.90.

Insider Activity at OneSpaWorld

In other news, Director Walter Field Mclallen sold 18,000 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $20.40, for a total transaction of $367,200.00. Following the transaction, the director now owns 170,917 shares of the company’s stock, valued at $3,486,706.80. This represents a 9.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On OneSpaWorld

Large investors have recently modified their holdings of the business. Global Retirement Partners LLC bought a new position in shares of OneSpaWorld during the 4th quarter valued at $26,000. USA Financial Formulas bought a new position in shares of OneSpaWorld during the fourth quarter valued at about $36,000. Point72 DIFC Ltd purchased a new position in shares of OneSpaWorld in the third quarter worth about $81,000. Smartleaf Asset Management LLC lifted its stake in shares of OneSpaWorld by 2,395.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company’s stock valued at $103,000 after acquiring an additional 4,958 shares during the last quarter. Finally, KBC Group NV purchased a new stake in OneSpaWorld during the 4th quarter valued at about $121,000. Hedge funds and other institutional investors own 95.98% of the company’s stock.

About OneSpaWorld

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.