SSP Group plc (LON:SSPG) Insider Apurvi Sheth Buys 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 Stock Up 0.6 %

Shares of LON:SSPG opened at GBX 167.40 ($2.17) on Wednesday. The business has a fifty day simple moving average of GBX 165.22 and a 200 day simple moving average of GBX 174.09. 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 company has a quick ratio of 0.66, a current ratio of 0.35 and a debt-to-equity ratio of 595.27. The firm has a market cap of £1.34 billion, a P/E ratio of 16,740.00, a P/E/G ratio of -0.77 and a beta of 1.88.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Berenberg Bank reissued a “hold” rating and set a GBX 180 ($2.34) price target on shares of SSP Group in a research report on Wednesday, October 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 305 ($3.96) price target on shares of SSP Group in a research note on Thursday, July 4th. Finally, Shore Capital reiterated a “house stock” rating on shares of SSP Group in a research note on Wednesday, July 10th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, SSP Group presently has an average rating of “Moderate Buy” and an average target price of GBX 268.75 ($3.49).

SSP Group Company Profile

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.