SSP Group plc (OTCMKTS:SSPPF – Get Free Report) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 12,100 shares, a growth of 34.4% from the March 31st total of 9,000 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 121.0 days.
SSP Group Stock Performance
SSPPF stock opened at $2.08 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.44 and a debt-to-equity ratio of 4.24. The stock’s 50 day moving average price is $2.15 and its 200 day moving average price is $2.26. SSP Group has a 1 year low of $2.08 and a 1 year high of $2.55.
Analysts Set New Price Targets
Separately, Royal Bank of Canada downgraded shares of SSP Group from a “moderate buy” rating to a “hold” rating in a 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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