SSP Group (OTCMKTS:SSPPF) Stock Rating Lowered by Royal Bank of Canada

SSP Group (OTCMKTS:SSPPF) was downgraded by equities researchers at Royal Bank of Canada from a “moderate buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

Separately, Barclays raised SSP Group to a “strong-buy” rating in a research note on Friday, October 11th.

SSP Group Stock Performance

SSPPF opened at $2.15 on Tuesday. The business’s fifty day simple moving average is $2.44 and its 200 day simple moving average is $2.32. SSP Group has a 52 week low of $2.14 and a 52 week high of $2.55. The company has a debt-to-equity ratio of 4.24, a current ratio of 0.44 and a quick ratio of 0.40.

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.