Short Interest in SSP Group plc (OTCMKTS:SSPPF) Decreases By 36.8%

SSP Group plc (OTCMKTS:SSPPF) was the recipient of a large drop in short interest in February. As of February 28th, there was short interest totalling 15,300 shares, a drop of 36.8% from the February 13th total of 24,200 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 25.5 days.

Analyst Ratings Changes

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

SSP Group Stock Performance

SSP Group stock opened at $2.15 on Monday. The company has a debt-to-equity ratio of 4.24, a current ratio of 0.44 and a quick ratio of 0.40. SSP Group has a 1-year low of $2.14 and a 1-year high of $2.55. The business has a fifty day moving average price of $2.30 and a 200-day moving average price of $2.28.

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.