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

SSP Group plc (OTCMKTS:SSPPF) was the recipient of a large drop in short interest in 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.

Wall Street Analysts Forecast Growth

SSPPF has been the subject of a number of research analyst reports. Barclays raised SSP Group to a “strong-buy” rating in a research report on Friday, October 11th. Citigroup upgraded SSP Group to a “strong-buy” rating in a research note on Monday, September 30th. Finally, UBS Group upgraded shares of SSP Group to a “hold” rating in a research report on Friday, October 4th.

SSP Group Stock Performance

Shares of OTCMKTS:SSPPF remained flat at $2.35 during mid-day trading on Friday. SSP Group has a one year low of $2.14 and a one year high of $2.35. The company has a current ratio of 0.35, a quick ratio of 0.30 and a debt-to-equity ratio of 4.63. The stock has a 50 day moving average of $2.19 and a 200 day moving average 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.