Short Interest in SSP Group plc (OTCMKTS:SSPPF) Decreases By 83.2%

SSP Group plc (OTCMKTS:SSPPF - Get Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 27,900 shares, a decline of 83.2% from the January 15th total of 166,200 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 34.9 days.

SSP Group Stock Performance

OTCMKTS:SSPPF remained flat at $2.15 during mid-day trading on Friday. The company has a quick ratio of 0.40, a current ratio of 0.44 and a debt-to-equity ratio of 4.24. The stock has a fifty day simple moving average of $2.43 and a two-hundred day simple moving average of $2.31. SSP Group has a 52-week low of $2.14 and a 52-week high of $2.55.

Analysts Set New Price Targets

Separately, Royal Bank of Canada cut shares of SSP Group from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, February 4th.

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.