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

SSP Group plc (OTCMKTS:SSPPF) was the recipient of a significant growth in short interest during 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 currently 1,262.3 days.

Analysts Set New Price Targets

SSPPF has been the topic of several recent research reports. Citigroup raised shares of SSP Group to a “strong-buy” rating in a research report on Monday, September 30th. UBS Group upgraded SSP Group to a “hold” rating in a report on Friday, October 4th. Finally, Barclays raised SSP Group to a “strong-buy” rating in a research report on Friday, October 11th.

SSP Group Price Performance

SSPPF opened at $2.55 on Friday. SSP Group has a fifty-two week low of $2.14 and a fifty-two week high of $2.55. The company has a debt-to-equity ratio of 4.63, a current ratio of 0.35 and a quick ratio of 0.30. The company’s 50-day moving average is $2.27 and its 200 day moving average is $2.29.

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.