Short Interest in SSP Group plc (OTCMKTS:SSPPF) Drops By 57.4%

SSP Group plc (OTCMKTS:SSPPF) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 161,400 shares, a decrease of 57.4% from the December 31st total of 378,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,614.0 days.

SSP Group Price Performance

SSP Group stock remained flat at $2.55 during trading hours on Friday. The company has a debt-to-equity ratio of 4.24, a quick ratio of 0.40 and a current ratio of 0.44. SSP Group has a twelve month low of $2.14 and a twelve month high of $2.55. The business has a fifty day simple moving average of $2.45 and a 200-day simple moving average of $2.33.

Analyst Upgrades and Downgrades

SSPPF has been the subject of several research analyst reports. Barclays upgraded SSP Group to a “strong-buy” rating in a research report on Friday, October 11th. UBS Group raised SSP Group to a “hold” rating in a report on Friday, October 4th.

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.