SSP Group (OTCMKTS:SSPPF) Short Interest Update

SSP Group (OTCMKTS:SSPPF) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 151,128 shares, an increase of 1,644.3% from the January 29th total of 8,664 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

SSP Group Stock Performance

OTCMKTS:SSPPF opened at $2.51 on Friday. The company has a fifty day simple moving average of $2.51 and a two-hundred day simple moving average of $2.23. The company has a debt-to-equity ratio of 6.39, a quick ratio of 0.40 and a current ratio of 0.44. SSP Group has a 52 week low of $1.71 and a 52 week high of $2.51.

Analyst Ratings Changes

SSPPF has been the topic of a number of research analyst reports. UBS Group raised SSP Group from a “hold” rating to a “buy” rating in a research report on Tuesday, February 17th. Barclays cut SSP Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Finally, Citigroup reissued a “buy” rating on shares of SSP Group in a research note on Thursday, January 15th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

About SSP Group

SSP Group is a leading operator of food and beverage concessions in travel locations worldwide. The company designs, manages and operates branded and independent restaurants, bars, cafés and kiosks across airports, railway stations, motorway service stations and cultural attractions. Its portfolio encompasses both proprietary concepts and partnerships with major global food and beverage brands, offering tailored dining experiences for travellers.

Headquartered in London, UK, SSP Group traces its roots to Travellers Fare, founded in the 1960s, and was formally established as SSP Group following a spin-off from Compass Group in 2006.