Insider Buying: SSP Group plc (LON:SSPG) Insider Purchases 69 Shares of Stock

SSP Group plc (LON:SSPG - Get Free Report) insider Jonathan Davies acquired 69 shares of SSP Group stock in a transaction on Thursday, February 6th. The shares were purchased at an average price of GBX 182 ($2.25) per share, for a total transaction of £125.58 ($155.19).

Jonathan Davies also recently made the following trade(s):

• On Monday, January 6th, Jonathan Davies acquired 71 shares of SSP Group stock. The shares were purchased at an average price of GBX 176 ($2.17) per share, with a total value of £124.96 ($154.42).
• On Friday, December 6th, Jonathan Davies bought 67 shares of SSP Group stock. The stock was acquired at an average cost of GBX 186 ($2.30) per share, for a total transaction of £124.62 ($154.00).

SSP Group Trading Down 1.1 %

Shares of LON:SSPG traded down GBX 2 ($0.02) during midday trading on Monday, hitting GBX 175.90 ($2.17). 508,364 shares of the stock were exchanged, compared to its average volume of 3,229,821. The business's 50-day moving average price is GBX 177.78 and its 200 day moving average price is GBX 169.26. SSP Group plc has a 12 month low of GBX 142.20 ($1.76) and a 12 month high of GBX 233.80 ($2.89). The company has a debt-to-equity ratio of 595.27, a quick ratio of 0.66 and a current ratio of 0.35. The stock has a market capitalization of £1.40 billion, a price-to-earnings ratio of 17,590.00, a P/E/G ratio of -0.77 and a beta of 1.88.

SSP Group (LON:SSPG - Get Free Report) last issued its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 8.10 ($0.10) earnings per share for the quarter. SSP Group had a net margin of 0.24% and a return on equity of 17.67%. Analysts predict that SSP Group plc will post 13.1004016 earnings per share for the current year.

SSP Group Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, February 27th. Investors of record on Thursday, January 30th will be paid a dividend of GBX 2.30 ($0.03) per share. This represents a yield of 1.42%. The ex-dividend date of this dividend is Thursday, January 30th. This is an increase from SSP Group's previous dividend of $1.20. SSP Group's dividend payout ratio (DPR) is currently 20,000.00%.

Analyst Ratings Changes

SSPG has been the subject of several recent analyst reports. Berenberg Bank restated a "hold" rating and set a GBX 180 ($2.22) price objective on shares of SSP Group in a research report on Wednesday, October 16th. JPMorgan Chase & Co. increased their target price on shares of SSP Group from GBX 200 ($2.47) to GBX 210 ($2.60) and gave the stock a "neutral" rating in a report on Thursday, December 12th. Finally, Shore Capital reaffirmed a "house stock" rating on shares of SSP Group in a report on Thursday, January 23rd.

SSP Group Company Profile

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.