SSP Group plc (OTCMKTS:SSPPF – Get Free Report) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 161,400 shares, a decline 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 currently 1,614.0 days.
SSP Group Price Performance
Shares of SSPPF remained flat at $2.55 during trading hours on Wednesday. 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 52-week low of $2.14 and a 52-week high of $2.55. The company has a 50-day simple moving average of $2.44 and a 200 day simple moving average of $2.32.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on SSPPF. UBS Group raised SSP Group to a “hold” rating in a research note on Friday, October 4th. Barclays raised SSP Group to a “strong-buy” rating in a research note on Friday, October 11th.
About SSP Group
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.
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