SSP Group (OTCMKTS:SSPPF) Hits New 1-Year High – Time to Buy?

SSP Group (OTCMKTS:SSPPF) reached a new 52-week high during trading on Friday . The company traded as high as $2.51 and last traded at $2.51, with a volume of 22087 shares trading hands. The stock had previously closed at $2.50.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SSPPF. UBS Group reaffirmed a “neutral” rating on shares of SSP Group in a research note on Monday, December 8th. Citigroup restated a “buy” rating on shares of SSP Group in a report on Thursday. Finally, Barclays lowered shares of SSP Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

SSP Group Stock Up 0.4%

The company has a quick ratio of 0.40, a current ratio of 0.44 and a debt-to-equity ratio of 6.39. The stock has a fifty day simple moving average of $2.12 and a two-hundred day simple moving average of $2.18.

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.