Shore Capital Reaffirms “House Stock” Rating for SSP Group (LON:SSPG)

SSP Group (LON:SSPG)‘s stock had its “house stock” rating reaffirmed by stock analysts at Shore Capital in a research report issued to clients and investors on Wednesday, MarketBeat.com reports.

SSP Group Stock Performance

Shares of SSP Group stock opened at GBX 188.10 ($2.57) on Wednesday. SSP Group has a 12 month low of GBX 134.10 ($1.83) and a 12 month high of GBX 196.30 ($2.68). The company has a quick ratio of 0.66, a current ratio of 0.44 and a debt-to-equity ratio of 852.29. The stock has a market cap of £1.50 billion, a PE ratio of 197.14, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88. The business has a fifty day simple moving average of GBX 164.54 and a 200-day simple moving average of GBX 164.70.

SSP Group (LON:SSPG) last announced its quarterly earnings data on Wednesday, May 21st. The company reported GBX (2) (($0.03)) earnings per share (EPS) for the quarter. SSP Group had a return on equity of 3.64% and a net margin of 0.24%. On average, sell-side analysts anticipate that SSP Group will post 13.1004016 EPS for the current fiscal year.

Insider Activity

In related news, insider Patrick Coveney sold 217,595 shares of the business’s stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of GBX 139 ($1.90), for a total transaction of £302,457.05 ($412,910.65). 0.66% of the stock is owned by company insiders.

About SSP Group

SSP is a leading operator of food and beverage outlets in travel locations worldwide, with c.37,000 colleagues in over 600 locations across 36 countries. We operate sit-down and quick service restaurants, cafes, lounges and food-led convenience stores, principally in airports and train stations, with a portfolio of more than 550 international, national and local brands.