Short Interest in SSP Group plc (OTCMKTS:SSPPF) Declines By 36.8%

SSP Group plc (OTCMKTS:SSPPF) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 15,300 shares, a drop of 36.8% from the February 13th total of 24,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 600 shares, the short-interest ratio is currently 25.5 days.

SSP Group Stock Performance

OTCMKTS SSPPF remained flat at $2.15 during midday trading 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 fifty day simple moving average is $2.30 and its 200 day simple moving average is $2.28. SSP Group has a fifty-two week low of $2.14 and a fifty-two week high of $2.55.

Analyst Ratings Changes

Separately, Royal Bank of Canada lowered shares of SSP Group from a “moderate buy” rating to a “hold” rating in a research 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.