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

SSP Group plc (OTCMKTS:SSPPF) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 378,700 shares, a growth of 30.3% from the November 30th total of 290,600 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 1,262.3 days.

SSP Group Price Performance

OTCMKTS:SSPPF remained flat at $2.55 during trading hours on Friday. SSP Group has a one year low of $2.14 and a one year high of $2.55. The company has a fifty day moving average price of $2.27 and a 200-day moving average price of $2.29. The company has a debt-to-equity ratio of 4.63, a quick ratio of 0.30 and a current ratio of 0.35.

Wall Street Analyst Weigh In

Several research firms have weighed in on SSPPF. UBS Group upgraded shares of SSP Group to a “hold” rating in a research report on Friday, October 4th. Citigroup upgraded SSP Group to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Barclays upgraded SSP Group to a “strong-buy” rating in a research report on Friday, October 11th.

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.