SSP Group plc (OTCMKTS:SSPPF – Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 24,200 shares, a drop of 13.3% from the January 31st total of 27,900 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
SSP Group Stock Performance
Shares of SSPPF opened at $2.15 on Friday. The company has a current ratio of 0.44, a quick ratio of 0.40 and a debt-to-equity ratio of 4.24. SSP Group has a 1-year low of $2.14 and a 1-year high of $2.55. The company has a 50-day moving average of $2.36 and a 200 day moving average of $2.29.
Analysts Set New Price Targets
Separately, Royal Bank of Canada downgraded SSP Group from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, February 4th.
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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