SSP Group plc (LON:SSPG) Insider Sells £302,457.05 in Stock

SSP Group plc (LON:SSPG - Get Free Report) insider Patrick Coveney sold 217,595 shares of SSP Group stock in a transaction on Friday, April 11th. The shares were sold at an average price of GBX 139 ($1.85), for a total transaction of £302,457.05 ($402,150.05).

SSP Group Trading Up 1.2 %

LON:SSPG traded up GBX 1.70 ($0.02) during mid-day trading on Friday, reaching GBX 142 ($1.89). The company's stock had a trading volume of 758,701 shares, compared to its average volume of 3,407,396. SSP Group plc has a twelve month low of GBX 134.10 ($1.78) and a twelve month high of GBX 213.40 ($2.84). The company's fifty day simple moving average is GBX 157.15 and its two-hundred day simple moving average is GBX 165.87. The company has a debt-to-equity ratio of 852.29, a current ratio of 0.44 and a quick ratio of 0.66. The stock has a market cap of £1.13 billion, a P/E ratio of 148.83, a P/E/G ratio of -0.77 and a beta of 1.88.

SSP Group Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, January 30th were given a dividend of GBX 2.30 ($0.03) per share. This is a positive change from SSP Group's previous dividend of $1.20. The ex-dividend date was Thursday, January 30th. This represents a yield of 1.42%. SSP Group's dividend payout ratio is 209.62%.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a "house stock" rating on shares of SSP Group in a research report on Wednesday, April 9th.

SSP Group Company Profile

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.