SSP Group (OTCMKTS:SSPPF) Short Interest Update

Key Points

• SSP Group experienced a dramatic increase in short interest, rising by 573.4% from 10,900 shares to 73,400 shares as of September 30th.
• Wall Street analysts have mixed views on the stock, with one brokerage upgrading it to a "hold" rating and others maintaining a "buy" and a "hold" rating, resulting in an average rating of "Hold."
• The stock's recent performance shows it fluctuates between a one-year low of $2.08 and a high of $2.55, with its opening price at $2.17 on the latest trading day.

SSP Group (OTCMKTS:SSPPF - Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 73,400 shares, a growth of 573.4% from the September 15th total of 10,900 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

SSP Group Stock Performance

Shares of SSPPF stock opened at $2.17 on Friday. The stock's fifty day simple moving average is $2.20 and its 200 day simple moving average is $2.18. The company has a quick ratio of 0.33, a current ratio of 0.37 and a debt-to-equity ratio of 2.49. SSP Group has a one year low of $2.08 and a one year high of $2.55.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SSPPF. UBS Group upgraded shares of SSP Group from a "sell" rating to a "hold" rating in a research note on Friday, September 19th. Citigroup restated a "buy" rating on shares of SSP Group in a research note on Wednesday, July 30th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold".

SSP Group Company Profile

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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