SSP Group (OTCMKTS:SSPPF) Hits New 52-Week Low – What’s Next?

SSP Group (OTCMKTS:SSPPF) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $1.71 and last traded at $1.71, with a volume of 750 shares changing hands. The stock had previously closed at $2.35.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SSPPF. UBS Group raised SSP Group from a “sell” rating to a “hold” rating in a report on Friday, September 19th. Citigroup reaffirmed a “buy” rating on shares of SSP Group in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

SSP Group Price Performance

The stock has a 50 day moving average of $2.17 and a 200 day moving average of $2.18. The company has a debt-to-equity ratio of 2.49, a current ratio of 0.37 and a quick ratio of 0.33.

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.