SSP Group plc (OTCMKTS:SSPPF) Short Interest Up 30.3% in December

SSP Group plc (OTCMKTS:SSPPF) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 378,700 shares, an increase of 30.3% from the November 30th total of 290,600 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 1,262.3 days.

SSP Group Price Performance

Shares of SSPPF remained flat at $2.55 during trading hours on Monday. 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 firm’s 50-day simple moving average is $2.27 and its 200-day simple moving average is $2.29. SSP Group has a twelve month low of $2.14 and a twelve month high of $2.55.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on SSPPF shares. UBS Group raised SSP Group to a “hold” rating in a research note on Friday, October 4th. Citigroup upgraded shares of SSP Group to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Barclays upgraded shares of SSP Group to a “strong-buy” rating in a research report 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.