SSP Group (LON:SSPG) Stock Price Passes Below Two Hundred Day Moving Average of $214.90

SSP Group plc (LON:SSPG)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 214.90 ($2.65) and traded as low as GBX 196.70 ($2.43). SSP Group shares last traded at GBX 196.70 ($2.43), with a volume of 943,114 shares.

Analyst Upgrades and Downgrades

SSPG has been the topic of several recent analyst reports. Barclays restated an “overweight” rating and set a GBX 290 ($3.58) price objective on shares of SSP Group in a research note on Wednesday, January 31st. Shore Capital restated a “house stock” rating on shares of SSP Group in a research note on Thursday, April 11th. Four analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 317.50 ($3.92).

SSP Group Stock Performance

The firm has a market cap of £1.57 billion, a price-to-earnings ratio of 19,670.00, a price-to-earnings-growth ratio of -0.77 and a beta of 1.79. The stock’s 50 day moving average is GBX 215.56 and its 200 day moving average is GBX 214.90. The company has a current ratio of 0.48, a quick ratio of 0.66 and a debt-to-equity ratio of 535.27.

SSP Group Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 29th. Investors of record on Thursday, February 1st were paid a GBX 2.50 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, February 1st. This represents a yield of 1.17%. SSP Group’s dividend payout ratio (DPR) is currently 30,000.00%.

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.