SSP Group (LON:SSPG)’s share price is moving below its two hundred day moving average of $189.86

SSP Group plc (LON:SSPG – Get Your Free Report ) share price moved below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 189.86 ($2.50) and traded as high as GBX 174.01 ($2.29). Shares of SSP Group last traded at GBX 174.60 ($2.30), with a volume of 475,217 shares.

Analysts on Wall Street are forecasting an increase

A number of research analysts have commented on the company. Shore Capital reaffirmed a “hold” rating on shares of SSP Group in a report on Wednesday, July 10th. JPMorgan Chase & Co. cut their price target on SSP Group from GBX 320 ($4.22) to GBX 300 ($3.96) and set an “overweight” rating on the stock in a report on Tuesday, May 28th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 305 ($4.02) price target on shares of SSP Group in a report on Thursday, July 4th. Four investment analysts have rated the stock with a buy rating. SSP Group presently has a consensus rating of “Buy” and a consensus price target of GBX 296.25 ($3.91), according to MarketBeat.com.

Read our latest research report on SSPG

SSP Group stocks down 0.1%

The company has a debt-to-equity ratio of 595.27, a quick ratio of 0.66, and a current ratio of 0.35. The stock has a 50-day moving average price of GBX 167.42 and a 200-day moving average price of GBX 189.86. The company has a market cap of £1.39 billion, a P/E ratio of 17,460.00, a P/E/G ratio of -0.77 and a beta of 1.86.

SSP Group company profile

(Get a free report)

SSP Group plc operates food and beverage stores in North America, Europe, the United Kingdom, Ireland, Asia Pacific, Eastern Europe, the Middle East and internationally. The company operates points of sale in airports, railway stations, motorway service areas, hospitals and shopping centres. It also operates sandwich shops, cafes, bars and restaurants.

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