SSP Group (LON:SSPG) Hits New 1-Year Low - Time to Sell?

Shares of SSP Group plc (LON:SSPG - Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 134.10 ($1.77) and last traded at GBX 135 ($1.78), with a volume of 1485326 shares. The stock had previously closed at GBX 141 ($1.86).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a "house stock" rating on shares of SSP Group in a research note on Wednesday, April 9th.

SSP Group Price Performance

The company has a current ratio of 0.44, a quick ratio of 0.66 and a debt-to-equity ratio of 852.29. The company has a market capitalization of £1.14 billion, a PE ratio of 149.46, a PEG ratio of -0.77 and a beta of 1.88. The firm has a fifty day moving average of GBX 160.03 and a two-hundred day moving average of GBX 166.41.

SSP Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, January 30th were issued a GBX 2.30 ($0.03) dividend. This represents a yield of 1.42%. The ex-dividend date of this dividend was Thursday, January 30th. This is a positive change from SSP Group's previous dividend of $1.20. SSP Group's dividend payout ratio (DPR) is 209.62%.

About SSP Group

SSP is a leading operator of food and beverage outlets in travel locations worldwide, with c.37,000 colleagues in over 600 locations across 36 countries. We operate sit-down and quick service restaurants, cafes, lounges and food-led convenience stores, principally in airports and train stations, with a portfolio of more than 550 international, national and local brands.