SSP Group plc (OTCMKTS:SSPPF) Short Interest Down 26.7% in November

SSP Group plc (OTCMKTS:SSPPF) was the target of a significant decline in short interest in November. As of November 30th, there was short interest totalling 290,600 shares, a decline of 26.7% from the November 15th total of 396,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Ratings Changes

SSPPF has been the topic of a number of research analyst reports. Citigroup upgraded SSP Group to a “strong-buy” rating in a research note on Monday, September 30th. UBS Group raised 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

Shares of OTCMKTS SSPPF remained flat at $2.35 during midday trading on Friday. 1,500 shares of the stock were exchanged, compared to its average volume of 7. The stock has a fifty day simple moving average of $2.19 and a 200 day simple moving average of $2.28. SSP Group has a 12 month low of $2.14 and a 12 month high of $2.35. The company has a quick ratio of 0.30, a current ratio of 0.35 and a debt-to-equity ratio of 4.63.

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.