SSP Group (OTCMKTS:SSPPF) Reaches New 1-Year High – Should You Buy?

Shares of SSP Group plc (OTCMKTS:SSPPF) reached a new 52-week high during trading on Friday . The stock traded as high as $2.14 and last traded at $2.14, with a volume of 0 shares. The stock had previously closed at $2.14.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Barclays raised SSP Group to a “strong-buy” rating in a research note on Friday, October 11th. Citigroup raised shares of SSP Group to a “strong-buy” rating in a research report 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

The stock’s 50-day moving average is $2.27 and its two-hundred day moving average is $2.38.

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.