SSP Group shares fell about 5% in morning trade today, with the stock at 171.19p by 10:30am London time. The fall ranks sixth by size among the past 126 sessions.
SSP Group shares fell 5.05% in morning trade today to 171.19p at 10:30am London time. The restaurants group (LON: SSPG), which runs food and drink outlets for travellers, has so far traded between 170.9p and 182.1p.
The shares now sit 20.2% below their 52-week high and 26.6% above their 52-week low. They are down 14.8% so far this year.
SSP Group shares over the month around today’s session, with today’s level as of 10:30am London time.
How unusual this is
Today’s fall ranks sixth by size among the past 126 sessions, so a drop of this scale is uncommon for SSP.
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SSP Group: today’s move against six months of daily changes, with today’s session highlighted.
The Berenberg note
Berenberg cut its price target on SSP from 245p to 225p today while keeping its buy rating. The cut came the same day as the fall.
The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
