SSP Group (OTCMKTS:SSPPF) Cut to “Hold” at Royal Bank of Canada

Royal Bank of Canada cut shares of SSP Group (OTCMKTS:SSPPF) from a moderate buy rating to a hold rating in a report released on Tuesday,Zacks.com reports.

Separately, Barclays raised SSP Group to a “strong-buy” rating in a research note on Friday, October 11th.

SSP Group Stock Performance

Shares of OTCMKTS SSPPF opened at $2.15 on Tuesday. The stock’s 50 day simple moving average is $2.44 and its 200 day simple moving average is $2.32. SSP Group has a 12-month low of $2.14 and a 12-month high of $2.55. The company has a debt-to-equity ratio of 4.24, a current ratio of 0.44 and a quick ratio of 0.40.

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.