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

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

SSP Group Stock Performance

OTCMKTS:SSPPF remained flat at $2.55 during midday trading on Monday. The firm's 50 day simple moving average is $2.35 and its 200 day simple moving average is $2.31. The company has a debt-to-equity ratio of 4.63, a quick ratio of 0.30 and a current ratio of 0.35. SSP Group has a one year low of $2.14 and a one year high of $2.55.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Barclays upgraded SSP Group to a "strong-buy" rating in a research note on Friday, October 11th. UBS Group raised shares of SSP Group to a "hold" rating in a report on Friday, October 4th. Finally, Citigroup upgraded shares of SSP Group to a "strong-buy" rating in a research note on Monday, September 30th.

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.