SSP Group plc (OTCMKTS:SSPPF) Sees Large Drop in Short Interest

SSP Group plc (OTCMKTS:SSPPF) was the recipient of a significant drop in short interest in 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 days-to-cover ratio is presently ∞ days.

SSP Group Stock Performance

Shares of OTCMKTS:SSPPF opened at $2.15 on Friday. The company has a debt-to-equity ratio of 4.24, a current ratio of 0.44 and a quick ratio of 0.40. The stock has a 50 day moving average price of $2.35 and a 200-day moving average price of $2.29. SSP Group has a 52-week low of $2.14 and a 52-week high of $2.55.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada cut shares of SSP Group from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, February 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.