SSP Group plc (LON:SSPG - Get Free Report)'s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 163.66 ($2.13) and traded as high as GBX 164.70 ($2.14). SSP Group shares last traded at GBX 158.50 ($2.06), with a volume of 1,523,733 shares.
Analyst Ratings Changes
A number of brokerages have recently issued reports on SSPG. Berenberg Bank reaffirmed a "hold" rating and set a GBX 180 ($2.34) price target on shares of SSP Group in a report on Wednesday, October 16th. Shore Capital restated a "house stock" rating on shares of SSP Group in a report on Wednesday, July 10th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of GBX 268.75 ($3.50).
Check Out Our Latest Stock Analysis on SSPG
SSP Group Trading Up 0.6 %
The stock's 50-day simple moving average is GBX 163.36 and its two-hundred day simple moving average is GBX 170.97. The company has a debt-to-equity ratio of 595.27, a current ratio of 0.35 and a quick ratio of 0.66. The firm has a market capitalization of £1.27 billion, a P/E ratio of 15,940.00, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88.
Insider Activity at SSP Group
In other news, insider Jonathan Davies sold 33,392 shares of the business's stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of GBX 159 ($2.07), for a total value of £53,093.28 ($69,113.88). In related news, insider Jonathan Davies sold 33,392 shares of the business's stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of GBX 159 ($2.07), for a total value of £53,093.28 ($69,113.88). Also, insider Apurvi Sheth purchased 4,500 shares of the business's stock in a transaction on Monday, October 21st. The shares were purchased at an average price of GBX 167 ($2.17) per share, with a total value of £7,515 ($9,782.61). In the last 90 days, insiders have acquired 4,657 shares of company stock valued at $776,540. 0.66% of the stock is owned by company insiders.
SSP Group Company Profile
(
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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.
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