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

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

Analyst Upgrades and Downgrades

SSPPF has been the subject of a number of recent research reports. UBS Group raised shares of SSP Group to a “hold” rating in a research report on Friday, October 4th. Barclays upgraded SSP Group to a “strong-buy” rating in a report on Friday, October 11th.

SSP Group Stock Performance

OTCMKTS:SSPPF remained flat at $2.55 during mid-day trading on Wednesday. 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 firm’s 50 day moving average price is $2.44 and its 200-day moving average price is $2.32.

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.