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

SSP Group plc (LON:SSPG) insider Jonathan Davies acquired 78 shares of the firm’s stock in a transaction on Monday, July 8th. The shares were bought at an average cost of GBX 160 ($2.05) per share, for a total transaction of £124.80 ($159.86).

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

• On Thursday, June 6th, Jonathan Davies acquired 76 shares of SSP Group stock. The shares were bought at an average cost of GBX 163 ($2.09) per share, for a total transaction of £123.88 ($158.68).

SSP Group Stock Performance

SSPG stock opened at GBX 156.40 ($2.00) on Wednesday. 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 company has a 50 day moving average price of GBX 173.78 and a 200 day moving average price of GBX 203.71. SSP Group plc has a fifty-two week low of GBX 142.20 ($1.82) and a fifty-two week high of GBX 267 ($3.42). The stock has a market capitalization of £1.25 billion, a PE ratio of 15,640.00, a price-to-earnings-growth ratio of -0.77 and a beta of 1.80.

SSP Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, May 30th were given a GBX 1.20 ($0.02) dividend. This represents a yield of 0.57%. The ex-dividend date of this dividend was Thursday, May 30th. SSP Group’s dividend payout ratio (DPR) is presently 20,000.00%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Shore Capital reissued a “house stock” rating on shares of SSP Group in a report on Wednesday, June 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 305 ($3.91) target price on shares of SSP Group in a report on Thursday, July 4th. Finally, JPMorgan Chase & Co. reduced their target price on SSP Group from GBX 320 ($4.10) to GBX 300 ($3.84) and set an “overweight” rating on the stock in a report on Tuesday, May 28th. Four research analysts have rated the stock with a buy rating, According to MarketBeat.com, SSP Group currently has an average rating of “Buy” and a consensus price target of GBX 296.25 ($3.79).

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.