SSP Group plc (OTCMKTS:SSPPF) Sees Significant Decrease in Short Interest

SSP Group plc (OTCMKTS:SSPPF) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 290,600 shares, a drop of 26.7% from the November 15th total of 396,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Upgrades and Downgrades

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

SSP Group Price Performance

Shares of OTCMKTS:SSPPF opened at $2.35 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.35 and a debt-to-equity ratio of 4.63. SSP Group has a 12 month low of $2.14 and a 12 month high of $2.35. The company has a 50-day moving average price of $2.19 and a 200-day moving average price of $2.28.

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.