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

SSP Group (LON:SSPG)‘s stock had its “house stock” rating reiterated by equities researchers at Shore Capital in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports.

SSP Group Stock Performance

SSP Group stock opened at GBX 173.10 ($2.32) on Tuesday. The firm has a market capitalization of £1.38 billion, a P/E ratio of 181.42, a P/E/G ratio of -0.77 and a beta of 1.88. The stock has a fifty day moving average price of GBX 151.61 and a two-hundred day moving average price of GBX 164.56. SSP Group has a 52-week low of GBX 134.10 ($1.80) and a 52-week high of GBX 196.30 ($2.63). The company has a debt-to-equity ratio of 852.29, a current ratio of 0.44 and a quick ratio of 0.66.

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

Insider Activity

In other news, insider Patrick Coveney sold 217,595 shares of the firm’s stock in a transaction on Friday, April 11th. The stock was sold at an average price of GBX 139 ($1.86), for a total value of £302,457.05 ($405,601.52). 0.66% of the stock is currently owned by corporate 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.