SSP Group plc (LON:SSPG) Insider Apurvi Sheth Buys 4,500 Shares

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

SSP Group Price Performance

Shares of SSPG opened at GBX 171.50 ($2.23) on Friday. 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 debt-to-equity ratio of 595.27, a current ratio of 0.35 and a quick ratio of 0.66. The stock has a fifty day moving average price of GBX 165.29 and a 200 day moving average price of GBX 174.05. The company has a market cap of £1.37 billion, a P/E ratio of 17,150.00, a PEG ratio of -0.77 and a beta of 1.88.

Analyst Ratings Changes

SSPG has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 305 ($3.96) price objective on shares of SSP Group in a research note on Thursday, July 4th. Berenberg Bank restated a “hold” rating and issued a GBX 180 ($2.34) price target on shares of SSP Group in a research report on Wednesday, October 16th. Finally, Shore Capital reaffirmed a “house stock” rating on shares of SSP Group in a research report on Wednesday, July 10th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus 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.