Insider Buying: SSP Group plc (LON:SSPG) Insider Buys 78 Shares of Stock

SSP Group plc (LON:SSPG) insider Jonathan Davies acquired 78 shares of SSP Group stock in a transaction on Wednesday, November 6th. The stock was purchased at an average price of GBX 161 ($2.10) per share, with a total value of £125.58 ($163.47).

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

• On Monday, October 7th, Jonathan Davies bought 79 shares of SSP Group stock. The stock was bought 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 stock was sold at an average price of GBX 159 ($2.07), for a total value of £53,093.28 ($69,113.88).

SSP Group Price Performance

SSPG stock traded up GBX 0.90 ($0.01) during midday trading on Thursday, reaching GBX 159.40 ($2.07). 1,631,135 shares of the company’s stock traded hands, compared to its average volume of 2,347,101. The company has a 50-day simple moving average of GBX 163.66 and a two-hundred day simple moving average of GBX 171.05. 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). The company has a market cap of £1.27 billion, a price-to-earnings ratio of 15,990.00, a PEG ratio of -0.77 and a beta of 1.88. The company has a quick ratio of 0.66, a current ratio of 0.35 and a debt-to-equity ratio of 595.27.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Shore Capital reissued a “house stock” rating on shares of SSP Group in a report on Wednesday, July 10th. Berenberg Bank reissued a “hold” rating and issued a GBX 180 ($2.34) target price on shares of SSP Group in a report on Wednesday, October 16th. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 268.75 ($3.50).

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.