Short Interest in SSP Group plc (OTCMKTS:SSPPF) Declines By 57.4%

SSP Group plc (OTCMKTS:SSPPF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 161,400 shares, a decline of 57.4% from the December 15th total of 378,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,614.0 days.

SSP Group Price Performance

Shares of SSP Group stock remained flat at $2.55 during mid-day trading on Monday. 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 company has a fifty day simple moving average of $2.35 and a 200-day simple moving average of $2.31. SSP Group has a one year low of $2.14 and a one year high of $2.55.

Analyst Ratings Changes

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

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.