SSP Group (OTCMKTS:SSPPF) Hits New 1-Year High – What’s Next?

SSP Group plc (OTCMKTS:SSPPF) reached a new 52-week high on Wednesday . The stock traded as high as $2.55 and last traded at $2.55, with a volume of 200 shares trading hands. The stock had previously closed at $2.35.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Barclays upgraded SSP Group to a “strong-buy” rating in a research note on Friday, October 11th. UBS Group raised shares of SSP Group to a “hold” rating in a report on Friday, October 4th. Finally, Citigroup raised SSP Group to a “strong-buy” rating in a research report on Monday, September 30th.

SSP Group Stock Performance

The firm’s 50 day moving average price is $2.22 and its 200-day moving average price is $2.28. The company has a debt-to-equity ratio of 4.63, a current ratio of 0.35 and a quick ratio of 0.30.

SSP Group Company Profile

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