SSP Group (OTCMKTS:SSPPF) Short Interest Up 1,644.3% in February

SSP Group (OTCMKTS:SSPPF) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 151,128 shares, a growth of 1,644.3% from the January 29th total of 8,664 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Currently, 0.0% of the company’s stock are short sold.

SSP Group Stock Performance

SSPPF remained flat at $2.51 during midday trading on Wednesday. The company has a debt-to-equity ratio of 6.39, a quick ratio of 0.40 and a current ratio of 0.44. SSP Group has a 52-week low of $1.71 and a 52-week high of $2.51. The business’s fifty day simple moving average is $2.51 and its 200 day simple moving average is $2.23.

Analysts Set New Price Targets

A number of analysts have issued reports on SSPPF shares. Citigroup reiterated a “buy” rating on shares of SSP Group in a research note on Thursday, January 15th. Barclays downgraded SSP Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Finally, UBS Group upgraded shares of SSP Group from a “hold” rating to a “buy” rating in a research report on Tuesday, February 17th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About SSP Group

SSP Group is a leading operator of food and beverage concessions in travel locations worldwide. The company designs, manages and operates branded and independent restaurants, bars, cafés and kiosks across airports, railway stations, motorway service stations and cultural attractions. Its portfolio encompasses both proprietary concepts and partnerships with major global food and beverage brands, offering tailored dining experiences for travellers.

Headquartered in London, UK, SSP Group traces its roots to Travellers Fare, founded in the 1960s, and was formally established as SSP Group following a spin-off from Compass Group in 2006.