SSP Group plc (LON:SSPG) Insider Jonathan Davies Buys 78 Shares

SSP Group plc (LON:SSPG) insider Jonathan Davies bought 78 shares of the stock in a transaction dated Wednesday, November 6th. The shares were purchased at an average cost of GBX 161 ($2.10) per share, for a total transaction of £125.58 ($163.47).

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

• On Monday, October 7th, Jonathan Davies purchased 79 shares of SSP Group stock. The stock was acquired at an average cost of GBX 158 ($2.06) per share, with a total value of £124.82 ($162.48).
• On Tuesday, October 1st, Jonathan Davies sold 33,392 shares of SSP Group stock. The shares were sold at an average price of GBX 159 ($2.07), for a total value of £53,093.28 ($69,113.88).

SSP Group Stock Performance

LON SSPG opened at GBX 159.40 ($2.07) on Friday. 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 stock’s 50 day simple moving average is GBX 163.36 and its 200-day simple moving average is GBX 170.97. The company has a market cap of £1.27 billion, a PE ratio of 15,940.00, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88. SSP Group plc has a 1-year low of GBX 142.20 ($1.85) and a 1-year high of GBX 243.20 ($3.17).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “hold” rating and set a GBX 180 ($2.34) target price on shares of SSP Group in a research report on Wednesday, October 16th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 268.75 ($3.50).

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.