SSP Group plc (LON:SSPG) Insider Apurvi Sheth Acquires 4,500 Shares

SSP Group plc (LON:SSPG) insider Apurvi Sheth acquired 4,500 shares of the company’s stock in a transaction on Monday, October 21st. The stock was acquired at an average price of GBX 167 ($2.17) per share, for a total transaction of £7,515 ($9,757.21).

SSP Group Trading Up 0.6 %

SSPG stock traded up GBX 1 ($0.01) on Tuesday, hitting GBX 167.40 ($2.17). 805,468 shares of the company were exchanged, compared to its average volume of 2,415,487. The stock has a market capitalization of £1.34 billion, a price-to-earnings ratio of 16,450.80, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88. The business’s fifty day moving average is GBX 165.18 and its two-hundred day moving average is GBX 174.45. SSP Group plc has a twelve month low of GBX 142.20 ($1.85) and a twelve month high of GBX 243.20 ($3.16). The company has a debt-to-equity ratio of 595.27, a current ratio of 0.35 and a quick ratio of 0.66.

Wall Street Analyst Weigh In

SSPG has been the subject of a number of research analyst reports. Berenberg Bank reiterated a “hold” rating and issued a GBX 180 ($2.34) price target on shares of SSP Group in a report on Wednesday, October 16th. Shore Capital reaffirmed a “house stock” rating on shares of SSP Group in a report on Wednesday, July 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 305 ($3.96) price target on shares of SSP Group in a research note on Thursday, July 4th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, SSP Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 268.75 ($3.49).

About SSP Group

SSP Group plc operates food and beverage outlets in North America, Europe, the United Kingdom, Ireland, the Asia Pacific, Eastern Europe, the Middle East, and internationally. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It also operates sandwich shops, cafes, bars, and restaurants.