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SSP Group (OTCMKTS:SSPPF) Shares Gap Down - Should You Sell?

SSP Group logo with Retail/Wholesale background

Key Points

  • SSP Group shares gapped down before trading on Monday, opening at $2.35 after closing at $2.45, with a trading volume of 6,333 shares.
  • UBS Group downgraded SSP Group from a "hold" to a "strong sell" rating, while Citigroup maintained a "buy" rating.
  • The company shows signs of financial strain with a quick ratio of 0.33 and a debt-to-equity ratio of 2.49, indicating potential liquidity issues.
  • Want stock alerts on SSP Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

SSP Group (OTCMKTS:SSPPF - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $2.45, but opened at $2.35. SSP Group shares last traded at $2.35, with a volume of 6,333 shares.

Analyst Ratings Changes

A number of brokerages recently commented on SSPPF. Citigroup restated a "buy" rating on shares of SSP Group in a report on Wednesday. UBS Group cut shares of SSP Group from a "hold" rating to a "strong sell" rating in a research report on Friday, July 11th.

Get Our Latest Stock Analysis on SSPPF

SSP Group Stock Performance

The company has a debt-to-equity ratio of 2.49, a current ratio of 0.37 and a quick ratio of 0.33. The business has a fifty day moving average price of $2.18 and a 200 day moving average price of $2.19.

About SSP Group

(Get Free Report)

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.

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