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SSP Group (LON:SSPG) Share Price Passes Above 50 Day Moving Average - Here's Why

SSP Group logo with Consumer Cyclical background

SSP Group plc (LON:SSPG - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 156.74 ($2.13) and traded as high as GBX 164.92 ($2.24). SSP Group shares last traded at GBX 162.98 ($2.21), with a volume of 5,368,676 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reissued a "house stock" rating on shares of SSP Group in a research report on Tuesday, May 20th.

View Our Latest Report on SSP Group

SSP Group Price Performance

The firm has a market capitalization of £1.31 billion, a PE ratio of 171.26, a price-to-earnings-growth ratio of -0.77 and a beta of 1.88. The business has a 50-day moving average of GBX 156.74 and a 200 day moving average of GBX 165.56. The company has a current ratio of 0.44, a quick ratio of 0.66 and a debt-to-equity ratio of 852.29.

SSP Group (LON:SSPG - Get Free Report) last released its quarterly earnings results on Wednesday, May 21st. The company reported GBX (2) (($0.03)) EPS for the quarter. SSP Group had a net margin of 0.24% and a return on equity of 3.64%. As a group, research analysts anticipate that SSP Group plc 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 ($1.89), for a total transaction of £302,457.05 ($410,445.18). Insiders own 0.66% of the company's stock.

About SSP Group

(Get Free Report)

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.

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