SSP Group plc (LON:SSPG) Insider Buys £7,515 in Stock

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

SSP Group Stock Performance

SSPG stock opened at GBX 171.50 ($2.23) on Thursday. The stock’s 50 day simple moving average is GBX 165.33 and its 200 day simple moving average is GBX 174.07. The company has a current ratio of 0.35, a quick ratio of 0.66 and a debt-to-equity ratio of 595.27. SSP Group plc has a 12-month low of GBX 142.20 ($1.85) and a 12-month high of GBX 243.20 ($3.16). The stock has a market capitalization of £1.37 billion, a PE ratio of 17,150.00, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on SSPG shares. Shore Capital reissued a “house stock” rating on shares of SSP Group in a report on Wednesday, July 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 305 ($3.96) price target on shares of SSP Group in a research report on Thursday, July 4th. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 180 ($2.34) price objective on shares of SSP Group in a research report on Wednesday, October 16th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average 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.