Short Interest in SSP Group plc (OTCMKTS:SSPPF) Drops By 57.4%

SSP Group plc (OTCMKTS:SSPPF) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 161,400 shares, a decrease of 57.4% from the December 31st total of 378,700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1,614.0 days.

SSP Group Price Performance

OTCMKTS SSPPF remained flat at $2.55 on Friday. The company has a current ratio of 0.44, a quick ratio of 0.40 and a debt-to-equity ratio of 4.24. SSP Group has a 52 week low of $2.14 and a 52 week high of $2.55. The stock’s fifty day moving average price is $2.45 and its 200-day moving average price is $2.33.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on SSPPF shares. UBS Group upgraded shares of SSP Group to a “hold” rating in a research note on Friday, October 4th. Barclays upgraded shares of SSP Group to a “strong-buy” rating in a research note 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.